ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 4 Question 110 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam

Question #: 110
Topic #: 4

[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others is called:

AConflict of interest

BCorruption

CBribery

DOverbilling

Show Suggested Answer

Suggested Answer: B

by Giovanna at Apr 04, 2025, 10:50 AM

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Daren

4 months ago

I thought bribery was the main issue here?

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Kris

4 months ago

Wait, are we sure it's not just a conflict of interest?

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Dorcas

4 months ago

That's definitely corruption.

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Belen

5 months ago

This sounds a bit confusing, can it really be just one term?

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Lisha

5 months ago

Totally agree, it's corruption for sure!

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Irma

5 months ago

Overbilling doesn't quite fit the definition here. I think it's definitely between corruption and conflict of interest, but I'm leaning towards corruption.

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Darnell

5 months ago

I feel like bribery is more about direct payments, while this question is about using one's position. So maybe it's corruption?

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Beatriz

5 months ago

I remember discussing conflict of interest in class, but this seems more severe. Could it be corruption instead?

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Tawanna

6 months ago

I think this might be about corruption, but I'm not entirely sure. It sounds similar to that practice question we did on unethical practices.

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Lezlie

6 months ago

I feel pretty confident that the answer is B. The description matches the definition of corruption that I'm familiar with.

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Laurel

6 months ago

I'm leaning towards B, corruption, but I want to double-check the definitions of the other options just to be sure.

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Izetta

6 months ago

Okay, let me break this down. The key seems to be the phrase "unlawfully and wrongfully uses his station or character to procure some benefit." That sounds like corruption to me.

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Derick

6 months ago

Hmm, I'm not totally sure about this one. I'll have to think it through carefully.

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Therese

7 months ago

This question seems straightforward. I think the answer is B, corruption.

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Sharee

11 months ago

B) Corruption, hands down. It's like the age-old saying goes: 'Power corrupts, and absolute power corrupts absolutely.' Gotta watch out for those officials, am I right?

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Darell

10 months ago

C) Bribery

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Erinn

11 months ago

B) Corruption

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Haley

11 months ago

A) Conflict of interest

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Ben

11 months ago

I'm going with B) Corruption. It's the classic case of an official using their position for their own benefit, which is a big no-no. *sigh* Some people just can't resist the temptation, can they?

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Carin

9 months ago

Absolutely, we need to work towards creating a more transparent and ethical society.

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Marlon

10 months ago

Definitely, it's important to hold those responsible for corruption accountable.

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Rima

10 months ago

Yes, it's unfortunate how some individuals abuse their power for personal gain.

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Thersa

10 months ago

I agree, corruption is a serious issue that undermines trust in institutions.

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Theron

10 months ago

D) Overbilling

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Ivette

10 months ago

C) Bribery

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Francesco

11 months ago

B) Corruption

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Hyun

11 months ago

A) Conflict of interest

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Elmira

11 months ago

Definitely B) Corruption. I mean, what other option could it be? The others are too specific. Corruption is the umbrella term for this kind of unethical behavior.

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Dannie

10 months ago

Yeah, corruption is the broadest term that encompasses all types of wrongful behavior by officials.

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Bulah

10 months ago

I think it's definitely corruption too, it covers a wide range of unethical actions.

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Mira

10 months ago

I agree, corruption is the most general term for this kind of misconduct.

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Dominque

12 months ago

Hmm, I was debating between B) Corruption and C) Bribery, but I think B is the better fit here. Corruption is the broader term that covers this kind of scenario.

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