(Solved): Governmental entities and other recipients of governmental financial assistance, depending upon th ...

Governmental entities and other recipients of governmental financial assistance, depending upon the circumstances, may be subject to an audit in accordance with generally accepted auditing standards (GAAS audit), Government Auditing Standards (GAS audit) and the Federal Single Audit Act (Single Audit Act audit). Place an X by the proper reports issued by auditors for each of these audits on the following: (For each report item you may have more than one X. If none apply leave them blank.) GAAS Reports Issued GAS Audit Single Audit Act Audit Audit Opinion on financial statements X Report of findings and questioned costs Summary report of audit results relating to financial statements, internal control, and compliance Special release entitlements report Report on compliance with applicable laws and regulations and internal control. Report on the schedule of expenditures of federal funds Report on major foreign transactions.