Which of the Controls Below Would Be Least Effective at Preventing

question 29

Multiple Choice

Which of the controls below would be least effective at preventing a company from ordering goods at a price higher than market?

• A)Only place orders with vendors on an approved vendor list.
• B)Variance analysis of actual expenses to budgeted expenses
• C)For high-dollar goods,solicit competitive bids from possible vendors.
• D)Frequent review of,and update to,vendor price lists stored in the AIS

---

Definitions:

Technology Newness

The extent to which technology involved in a project or product is newly developed or previously unused within a particular context or industry.

Project Management

The discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals.

Technological Complexity

The level of difficulty or intricacy involved in understanding, developing, or implementing technology.

Team's Familiarity

The level of knowledge and competence a team has with each other's skills, project content, and working processes.