The audit burdens on state and local governments were reduced by the:
A) Office of Management and Budget.
B) Single Audit Act of 1984 and the Single Audit Amendments of 1996.
C) Multiple Audit Act.
D) Yellow Book.
E) Government Accountability Office.

Question

Quizplus · Accepted Answer

The Single Audit Act of 1984 and the Single Audit Amendments of 1996 reduced the audit burdens on state and local governments by consolidating multiple federal audit requirements into a single audit. This reduced administrative costs and improved the efficiency of the audit process.

The Audit Burdens on State and Local Governments Were Reduced