Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i. summary of auditor's results the type of report

I. Summary of Auditor's Results The type of report issued on the basic financial statements:...

80.2K

Verified Solution

Question

Accounting

I. Summary of Auditor's Results
The type of report issued on the basic financial statements: Unmodified Opinion.
Significant deficiencies in internal control over financial reporting were disclosed by the audit of the basic financial statements: Yes. Material weaknesses: Yes
Noncompliance that is material to the basic financial statements: No
Significant deficiencies in internal control over major programs: Yes. Material weaknesses: Yes
The type of report issued on compliance for major programs: Unmodified, except for 10.551,10.561,84.027,93.558, and 93.959, which were modified
Any audit findings that are required to be reported under Section 200.516 of OMB Uniform Guidance: Yes
Major programs:
\table[[Program,CFDA,Type of Report lssued],[Food Stamps Cluster:,10.551,Modified],[Food Stamps,,]]
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Design an experiment to determine the changes in the transcriptome (global gene expression) of human cells...

Biology
Q

Which of the following receptors are present on the heart? β1 (Beta 1) β2 (Beta 2) α1 (Alpha...

Medical Sciences
Q

Four particles each with a mass of M equidistant from each other move along a...

Physics
Q

Let A denote the event of placing a $1 straight bet on a certain lottery...

Statistics
Q

Shown below is activity for one of the products of Denver...

Accounting
Q

XYZ Company had the following shares outstanding during the year: 100,000 shares from January...

Accounting
Q

Question related to Memphasys Reproductive Biotechnology 2022 Annual Financial Report 1. After reviewing the accounting...

Accounting
Q

tents in Merchandise Inventory and desires to have 40% of the next year's...

Accounting
Q

Sheffield uses the periodic inventory system. For the current month, the beginning inventory consisted of...

Accounting
Q

For a number of years, a private not-for-profit entity has been preparing financial statements that...

Accounting
Q

The production planner for Fine Coffees, Inc. produces two coffee blends: American (A) and British...

Finance
Q

What factors could contribute to hedging errors if exchange traded derivatives are used for hedging?

Finance