Which of the following most accurately describes a single or program-specific audit (in other words, a 2 CFR 200.501, Subpart F audit)? It is an annual audit of an organization that receives over a certain threshold of federal funds each year. It is an audit conducted every five years in accordance with accreditation requirements. It is an audit initiated by a private sponsor of a research project. It is an internally initiated audit after an unallowable cost has been detected by an organizational official