Which of the Controls Below Would Be Least Effective to Prevent

question 78

Multiple Choice

Which of the controls below would be least effective to prevent ordering goods at higher than market prices?

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

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Definitions:

Binge

An episode of excessive or uncontrolled indulgence in food, drink, or other activities.

Eating Disorders

Mental disorders characterized by abnormal or disturbed eating habits, such as anorexia nervosa or bulimia nervosa.

High Perfectionist Standards

Refers to the setting of unrealistically demanding goals which one is unable to reach, often leading to disappointment and frustration.

Low Self-Evaluations

This refers to negative assessments individuals make about their own worth, abilities, or overall self-concept.