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urity rity rity ho 1 C) The auditor IS HU internal controls. D) All of the above are true. Which of the following is true reg
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Answer #1

Neither A nor B above

Option ;D is answer

Major programs selected for audit must equal 50% or more of federal expenditures, unless the organization is deemed to be low risk. An auditor is expected to express an opinion on all matters irrespective of size of Program. Auditor uses Risk-based approach during the audit.

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