For a government that has less than $25 million in total federal awards expended, an auditor that must perform a risk assessment on a federal program classified as a Type B should consider as eligible all programs that

Question

Quizplus · Accepted Answer

For a government with less than $25 million in total federal awards, a Type B program is considered for risk assessment if its expenditures exceed 25% of the Type A threshold, which is $750,000. Therefore, 25% of $750,000 is $187,500.

For a Government That Has Less Than $25 Million in Total