1. Which of the following would not be reported upon in the Schedule of findings and Questioned Costs?

a. Significant deficiencies in internal control

b. Material noncompliance with provisions of laws, regulations, contracts, or grant agreements

c. Material examples of inefficiency and ineffectiveness in carrying out federally funded programs

d. Federally reimbursed expenditures that are not adequately documented

2. The requirement for a report on compliance and internal control over financial reporting is set forth in the

a. AICPA's Professional Standards

b. GAO's Government Auditing Standards

c. Single Audit Act

d. OMB Circular A-133

PLeeeese answer this in your own words this is on here a hundred times plagerised

What is the Single Audit Act? Your answer should address at least the following questions. What is its purpose? How does it affect audits of entities that receive federal financial assistance? How do its requirements differ from AICPA audit requirements?