Question 1c ii
Marking Guide
| principal audit procedures for condition attached to grant | |
| generally 1 mark per procedure | |
| – confirm 25% to terms of grant | |
| – ascertain from grant document: | |
| – the period required to demonstrate reduction | |
| – the amount that would be repaid if condition breached | |
| – review results of monitoring performed | |
| maximum marks | 4 |