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

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