4. Entities receiving $750,000 (or more) in federal funds per year are subject to the provisions set forth in the:

1. Single Audit Act
2. Securities and Exchange Act
3. Sarbanes Oxley Act
4. Affordable Care Act

5. A vendor that handles electronic payments for the online sales of a major retailer (Target, Home Depot, etc) should have which of the following reports to ensure that its controls, (in particular IT controls) are effective:

1. SEC Report
2. SOC Report
3. OMB Circular Report
4. IRS Report