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Public Service Entrance Exam (PSEE) · Question

The 'due diligence' process in a government procurement typically involves:

Due diligence involves a comprehensive examination to ensure all relevant facts are considered, especially regarding potential risks and benefits, before making

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Question: The 'due diligence' process in a government procurement typically involves:

Answer options: ✅ Thorough investigation and assessment of risks and benefits.

  • A quick review of competitive bids.
  • Solely focusing on the lowest bid price.
  • Consulting only internal stakeholders.

Correct answer: Thorough investigation and assessment of risks and benefits.

Explanation: Due diligence involves a comprehensive examination to ensure all relevant facts are considered, especially regarding potential risks and benefits, before making a decision.

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