Currently,a single audit is required for organizations receiving what amount of federal funds?
A) $100,000.
B) $300,000.
C) $500,000.
D) $700,000.

Name: Currently,a single audit is required for organizations receiving what amount of federal funds? A) > $100,000. B) > $300,000. C) > $500,000. D) > $700,000.
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Question

Currently,a single audit is required for organizations receiving what amount of federal funds?
A) > $100,000.
B) > $300,000.
C) > $500,000.
D) > $700,000.

Quizplus · Accepted Answer

Currently, a single audit is required for organizations receiving federal funds greater than $500,000. This requirement is outlined in the Office of Management and Budget's Uniform Guidance.

Currently,a Single Audit Is Required for Organizations Receiving What Amount