This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements concerning the identification of a Type A low-risk program is ... (Read 43 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
Which of the following statements concerning the identification of a Type A low-risk program is true?
 
  A. A Type A program can be considered low-risk if it has been audited as a major program in one of the last two years, and the current year had no reportable audit findings.
  B. A Type A program is low-risk if it was audited as a major program last year, whether or not there were any reportable audit findings.
  C. A Type A program is low-risk if there were no audit findings within the last two years.
  D. A Type A program can never be classified as low-risk.

Question 2

General obligation bonds were issued to finance a particular governmental capital project fund. This resource, in the context of its impact on fund balance, would be classified as
 
  A. A nonspendable resource.
  B. A restricted resource.
  C. A committed resource.
  D. An assigned resource.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

A

Answer to Question 2

B




mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jul 5, 2018
Excellent


fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library