Strayer ACC 410 Gov't, NonProfit Acc 410 Ch 14 Quiz 8

This quiz consist of 15 multiple choice questions and covers the material in Chapter 14. Be sure you are in Chapter 14 when you take the quiz.

•  Question 1
 This law requires that the wages of laborers and mechanics employed by the contractors of federally funded projects be paid at prevailing local wage rates.
 
•  Question 2  
 Government Auditing Standards characterizes government engagements into which of the following three categories?
 
•  Question 3
 ‘‘Generally accepted government auditing standards’’ (GAGAS) refers to standards incorporated in
 
•  Question 4
 Which of the following is a Yellow Book standard in respect to independence?
 
•  Question 5
 Government Auditing Standards must be adhered to in all financial audits except of
 
•  Question 6
 The Yellow Book’s general standards are issued by the
  
•  Question 7
 Federal funds must be used only for activities that are within the scope of the grant would be a(n)
 
•  Question 8
 In reporting the results of a performance audit, it is appropriate for the auditors to
 
•  Question 9
 Per the GAO standards, an auditor’s working papers must
 
•  Question 10
 The process of specifically directing federal funds to a particular program is called:
 
•  Question 11
 Which of the following statements is incorrect about GAO standards pertaining to performance audits?
 
•  Question 12
 Auditors who perform government audits must complete 80 hours of continuing professional education every two years, of which ____ hours must be related directly to government auditing.
  
•  Question 13
 Which of the following is not a General Auditing Standard for financial audits?
 
•  Question 14
 Which of the following is not reported upon in the Schedule of Findings and Questioned Costs?
 
•  Question 15
 In discerning the objectives of a program to be audited, the auditors should give the least credibility to