Bid rigging and kickbacks create unfair and uncompetitive bidding processes which may result in financial losses due to paying higher prices in the absence of competition. Choose the best control activity to address this risk.

Expand the list of bidders to make it more difficult for bidders to collud$.$ The control owner is the Purchasing Manager.

Shorten the bidding period so that only serious bidders place bids. The control owner is the HR Manager.

Expand the list of bidders to make it more difficult for bidders to collude. The control owner is the HR Manager.

Inform bidders of the penalties for violating the law and for signing false affidavits. The control owner is the HR Manager.