Sharendale County expended $7,000,000 of federal financial assistance during 20X9 in the following programs: Required 1. Assume

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Sharendale County expended $7,000,000 of federal financial assistance during 20X9 in the following programs:

Sharendale County expended $7,000,000 of federal financial assistance during 20X9

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1. Assume that Sharendale County is not a low-risk auditee and programs A€“E had been audited as major programs in one of the two previous years. Which programs will probably be selected as major programs this year?
2. Assume that Sharendale County is a low-risk auditee and programs A€“E had been audited as major programs in one of the two previous years. Which programs will probably be selected as major programs thisyear?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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