Multiple Choice Questions
The following questions deal with governmental auditing. Choose the best response.
a. A governmental audit may extend beyond an examination leading to the expression of an opinion on the fairness of financial statement presentation to include

b. When engaged to audit a governmental entity in accordance with Government Auditing Standards, an auditor prepares a written report on internal control
(1) On all audits, regardless of circumstances.
(2) Only when the auditor has noted material weaknesses.
(3) Only when requested by the governmental entity being audited.
(4) Only when requested by the federal government funding agency.
c. Ward is auditing an entity's compliance with requirements governing a major federal financial assistance program in accordance with the Single Audit Act. Ward detected noncompliance with requirements that have a material effect on the program. Ward's report on compliance should express
(1) No assurance on the compliance tests.
(2) Reasonable assurance on the compliance tests.
(3) A qualified or adverse opinion.
(4) An adverse opinion or a disclaimer ofopinion.

Program Res Economy ults Compliance and Efficiency Yes Yes No Yes Yes Yes Yes No No Yes Yes Yes