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Who is responsible for resolving single audit findings?
Suggested Answer: D
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39 comments · newest first
AN
Annice
11 months ago
Just to clarify, the audit committee oversees but doesn't resolve.
WI
Wilbert
11 months ago
Not sure about this, can external auditors really resolve findings?
JE
Jeff
12 months ago
Wait, I thought the awarding agency had some responsibility too?
EL
Elza
12 months ago
Totally agree, B is the right answer!
JO
Josphine
12 months ago
It's definitely the recipient agency that handles those findings.
KA
Katy
1 year ago
I honestly can’t remember if it’s the external auditors or the recipient agency. This is tricky!
ER
Erinn
1 year ago
I’m leaning towards the recipient agency too, but I could see how the audit committee might play a role in addressing findings.
FA
Fausto
1 year ago
I remember a practice question where the awarding agency was mentioned, but I feel like that was more about oversight than resolution.
DE
Deonna
1 year ago
I think the recipient agency is responsible for resolving findings, but I'm not completely sure.
MA
Madonna
1 year ago
Hmm, I'm a bit stumped. I'll have to eliminate the options I'm more confident about and take a guess on the one that seems least likely to be a real virus type.
TA
Tawny
1 year ago
Hmm, this one seems straightforward. I think I'll go with options A and B - upload the program data using the NPSP Data Importer and the client data using the Data Import Wizard.
AD
Adolph
1 year ago
I feel like business growth is important, but if they want to reduce CO2, maybe sustainability and cost efficiency are the better options.
IL
Ilona
1 year ago
I'd say the recipient agency is responsible, but they should probably call in the Ghostbusters to help out. Those audit findings can be pretty spooky.
DO
Dominga
1 year ago
Hmm, this is a tough one. Maybe the audit committee can get the recipient agency and the external auditors to work together on it. It'll be like a bureaucratic dance-off!
DE
Delsie
1 year ago
D) the external auditors
GE
Gerald
1 year ago
C) the audit committee
PA
Paris
1 year ago
B) the recipient agency
OZ
Ozell
1 year ago
A) the awarding agency
LA
Lanie
1 year ago
The external auditors should be the ones to resolve the findings. They're the ones who conducted the audit, so they should know what needs to be done.
KI
Kirk
1 year ago
The audit committee should be responsible for resolving the findings. They're the ones who oversee the audit process.
GL
Gladis
1 year ago
C) the audit committee
AN
Antonio
1 year ago
B) the recipient agency
SA
Sabina
1 year ago
A) the awarding agency
BU
Buck
1 year ago
I'm going with the recipient agency on this one. They're the ones who need to address any issues found during the audit.
BE
Beth
1 year ago
I'm pretty sure it's the recipient agency. They have the most direct responsibility for the funds and how they were used.
MI
Michell
1 year ago
It makes sense that the recipient agency would be the one to address the audit findings. They're the ones who are directly involved.
DE
Delsie
1 year ago
Yeah, I agree. The recipient agency is the one accountable for resolving any findings from the single audit.
DA
Daren
1 year ago
I think it's the recipient agency too. They're the ones who received the funds and are responsible for how it was used.
ST
Stephaine
1 year ago
I'm leaning towards the recipient agency as well. They have the most direct involvement in the audit process.
MA
Martha
1 year ago
It makes sense that the recipient agency would be responsible. They're the ones who are directly impacted by the audit results.
CA
Cassie
1 year ago
Yeah, I agree. The recipient agency is ultimately accountable for resolving any findings identified during the audit.
AF
Afton
1 year ago
I think it's the recipient agency too. They're the ones who received the funding and are responsible for ensuring compliance.
CH
Christiane
1 year ago
The awarding agency seems like the logical choice since they're the ones who provided the funding in the first place.
BU
Buddy
1 year ago
B) the recipient agency
BI
Billi
1 year ago
That makes sense, they would have the most oversight.
DA
Daryl
1 year ago
A) the awarding agency
GI
Gilberto
1 year ago
But the external auditors also play a role in resolving single audit findings.
HO
Howard
2 years ago
I disagree, I believe it's the audit committee.
GI
Gilberto
2 years ago
I think it's the recipient agency.