Chittenden County had the following federal award activity during the most recent fiscal year:

Required
a. Based on size, which programs would be considered Type A programs? Type B programs?

b. You gather the following information:
1. Programs 3 and 4 were audited as major programs last year and had no audit findings.
2. Program 8 is a recurring federal grant that has long been deemed low risk and has not been audited for the past two years.
3. When assessing the risk of Type B programs, your audit firm has a policy of examining the largest programs in terms of current year expenditures if information on prior audits and risk factors is not available. Based on this information, which programs would you select for audit if Chittenden County is not considered a low-risk auditee? Explain your answer.
c. Assume that Chittenden County is considered a low-risk auditee. Based on the information provided, which programs would you select for audit? Why?

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Award Expended Program # Award Received $ 6,500,000 250,000 800,000 800,000 12,000,000 11,600,000 4,200,000 3,450,000 1,000,000 875,000 1,500,000 1,750,000 500,000 425,000 7,000,000 7,500,000 300,000 200,000 750,000 575,000 - N M ¢5 ON 00 9O