25. Major programs are determined by:

	A.	Prior audit findings and risk
	B.	The size of the award and its risk
	C.	The GAO and the independent CPA
	D.	Local government and the independent CPA

27. From the White Plains CAFR: For the fiscal year ended 6/30/20, what was the amount of Investments in the Community Development Block Grant Fund?

A.

$111,055

B.

$439,164

C.

$26,670

D.

$2,069,140

28. Which of the following is generally considered to be a negative fiscal characteristic of a city?

	A.	Debt Ratio = 0.3
	B.	Intergovernmental Grants to Total Revenue = 45%
	C.	Current Ratio = 2.3
	D.	Property Tax Revenue to Total Revenue = 88%