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