The master vendor file should be reviewed _______.
A)on a regular basis to remove old vendors or potential duplicate vendors
B)every five years to remove old vendors or potential duplicate vendors
C)on a regular basis to remove new vendors or potential duplicate vendors
D)every five years to remove new vendors or potential duplicate vendors

Question

Quizplus · Accepted Answer

The master vendor file should be reviewed on a regular basis to remove old vendors or potential duplicate vendors. This helps ensure the accuracy and completeness of the vendor database and can prevent errors and potential fraud. Waiting five years would be too long between reviews and potentially allow duplicate or outdated vendor information to accumulate. Removing new vendors is not necessarily the goal of the review, as they may be valid and necessary additions to the vendor database.

The Master Vendor File Should Be Reviewed _______