Restricting Access to the Approved Supplier List Can

question 68

Multiple Choice

Restricting access to the approved supplier list can

• A)help reduce the risk of fraudulent disbursements.
• B)cause purchase order approval delays.
• C)eliminate the risk of duplicate payment.
• D)improve the efficiency of the expenditure cycle.

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Definitions:

Service Area

The geographic zone where a business, institution, or service provider offers its services or goods.

Insurance Carrier

A company that provides insurance coverage for risks to its policyholders.

Managed Care

A healthcare delivery system aimed at managing the quality and cost of medical services that patients receive.

Medicaid

A health care program in the United States that assists individuals and families with low income and resources.