ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 5 Question 33 Discussion

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

Question #: 33
Topic #: 5

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

Bid-rigging scheme occurs when:

Aan employee fraudulently assists a vendor in winning a contract through the competitive bidding process.

Ban employee does not assist a vendor in winning a contract through the competitive bidding process.

Can employee once assists a vendor in winning a contract through a single competitive bidding process.

Dan employee once assists a vendor in winning a contract through a single competitive bidding process.

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Suggested Answer: A

by Detra at May 03, 2022, 05:00 AM

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5 months ago

An information security policy provides insight into threats and the possible consequences. That's my best guess for the purpose of the policy.

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Okay, let's see here. The policy is set to "block" the effect, so that means it's going to prevent something from happening, right? Based on the options, I'd guess it's going to block the creation of a privileged pod. But I'm not totally confident, so I'll need to double-check my understanding.

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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 5 Question 33 Discussion

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