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? c. Assume that Chittenden County is considered a low-risk auditee. Based on the information provided, which programs would you select for audit? a. b. Programs to Select for Audit Program # Award Received Award Expended Type A or B (If County Is Not Considered Low- Risk) 1 $ 2 6,500,000 $ 800,000 250,000 Type B 3 12,000,000 800,000 Type B 11,600,000 Type A 4 4,200,000 3,450,000 Type A 5 1,000,000 875,000 Type A 6 1,750,000 1,500,000 Type A 7 500,000 425,000 Type B 8 7,500,000 7,000,000 Type A 9 300,000 200,000 Type B 10 750,000 575,000 Type B Programs to Select for Audit (If County Is Considered Low- Risk)