Washington Preaudit Questionnaire (WAS) is a tool used by the state of Washington to assess the financial and operational capabilities of businesses applying for state contracts. This questionnaire is required for all companies that wish to bid on state contracts. The WAS helps determine if the company is financially sound and meets the state’s standards for business operations. The WAS consists of two parts: the financial questionnaire and the operational questionnaire. The financial questionnaire evaluates the financial stability of the business, and includes questions such as current and past debt, income, cash flow, and financial ratios. The operational questionnaire evaluates the company’s risk management, quality assurance, and other operational processes. These questions cover topics such as safety and security, customer service, and environmental policies. There are two types of Washington Pre-Audit Questionnaires: the Standard WAS and the Enhanced WAS. The Standard WAS is a basic questionnaire that assesses the financial and operational capabilities of a company. The Enhanced WAS is a more detailed questionnaire that evaluates a company’s management and governance structures, as well as its compliance with state and federal regulations.