Which of the Following Statements Is/are True About the Process

question 3

Multiple Choice

Which of the following statements is/are true about the process of competitive bidding?

• A) the process is a legal requirement for most government agencies and all private companies and nonprofit organizations
• B) the process is a legal requirement for most government agencies but voluntary for private companies and nonprofit organizations
• C) the process is not required for any organization
• D) the ethical codes of professional organizations such as PRSA and IABC discourage competitive bidding because of the potential for dishonesty
• E) all of the above

---

Definitions:

ANOVA Model

Short for Analysis of Variance, a statistical model used to compare the means of three or more samples to determine if at least one of the sample means significantly differs from the others.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution without violating any constraints.

Flake Size

Flake size refers to the dimensions of individual flakes within a material, often critical in determining the material's properties and applications.

Tree Species

Types or kinds of trees, characterized by distinct genetic traits or botanical classifications.