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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 2 Question 23 Discussion

Posted by Billye on May 04, 2022 at 03:52 AM

The person or persons who have access to __________ are often the targets of unethical vendors seeking an advantage in the process.

Suggested Answer: B

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9 comments · newest first
LE
Leah 12 months ago
Tailor specifications? That seems a bit off to me.
TW
Twila 12 months ago
Totally agree, sealed bids are a prime target!
JE
Jesus 1 year ago
Wait, are we really saying unethical vendors target these people?
TA
Tammy 1 year ago
I think it’s more about general purchasing.
DE
Della 1 year ago
Definitely sealed bids. They’re super sensitive!
GI
Gianna 1 year ago
Hmm, I'm a bit confused by the wording of the question. I'll have to read through it a few times to make sure I understand what they're asking.
LA
Lashandra 1 year ago
Hmm, I'm not too familiar with RHVM. I'll need to review the steps carefully to make sure I don't miss anything.
GL
Gladys 1 year ago
This seems like a tricky one, but I think I can work through it step-by-step. I'll need to calculate the effective interest rate considering the compensating balance requirement.Liam: Hmm, I'm a bit confused on how to approach this. I know I need to factor in the compensating balance, but I'm not sure how that affects the effective interest rate. Guess I'll have to read through it carefully.Olivia: Okay, I think I've got a strategy here. I'll need to calculate the actual interest paid on the $500,000 loan, then subtract the interest earned on the $100,000 compensating balance. That should give me the effective rate.Ethan: This looks straightforward enough. I'm pretty confident I can work through the math and get the right answer. Just need to make sure I don't miss any key details.
PH
Phung 1 year ago
I'm not entirely sure about this one. I think the answer might be B, but I'm not 100% confident. I'll have to review the material again to be sure.
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