Which of the following exceptions would be least persuasive in support of a finding that purchasing controls needed strengthening? Contractors from a company that provides equipment and asset management services were authorizing the recording of receipts against open purchase order lines to their parent company. Buyers had the ability to add, modify or delete records in the Vendor Master file. The Purchasing Policy, which is supposed to be updated annually, was last updated six years ago. An analysis showing that contract bidding requirements were overridden in 40% of applicable transactions