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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 4 Question 16 Discussion

Posted by Viola on May 03, 2022 at 03:08 PM

A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

Suggested Answer: A

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10 comments · newest first
FI
Filiberto 12 months ago
Yup, conflicts of interest can really mess things up!
FE
Fernanda 12 months ago
I thought it was called something else, like ethical dilemma?
EM
Emiko 1 year ago
Wait, are we sure that's the only term for it?
LA
Larue 1 year ago
Totally agree, that's the right term!
RI
Richelle 1 year ago
It's definitely a conflict of interest.
IZ
Izetta 1 year ago
This question seems pretty straightforward. Value stream mapping is all about identifying non-value-added activities, so I'm pretty confident that's the right answer.
EL
Elbert 1 year ago
Ah, I think I've got it now. Indirect taxes are levied on the production or sale of goods and services, rather than on income or wealth. D. Sales tax seems like the best example here.
KR
Kristal 1 year ago
Okay, let me think this through step-by-step and see if I can work it out.
LO
Long 1 year ago
This looks like a standard IT lifecycle question. I'm pretty confident I can narrow it down to the right answer.
JE
Jettie 1 year ago
Hmm, this seems like a straightforward networking command question. I think I know the answer, but I'll double-check my notes just to be sure.
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