What is meant by the single audit act, Auditing

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What is meant by the single audit act

Response to the following questions:

1. Explain what is meant by the Single Audit Act. What is its purpose?

2. In what ways is the Yellow Book consistent with the principles in AICPA auditing standards and the PCAOB's 10 GAAS standards, and what are some additions and modifications?

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Auditing: What is meant by the single audit act

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Auditing: What is meant by the single audit act

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