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

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

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

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.

Suggested Answer: A

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7 comments · newest first

Naomi 12 months ago

It's definitely about helping a vendor win unfairly.

Lynelle 12 months ago

I thought bid-rigging was more complicated than that.

Scarlet 1 year ago

Wait, are we sure this is the right definition?

Mertie 1 year ago

Totally agree, it undermines fair competition!

Veronica 1 year ago

Bid-rigging is illegal and unethical.

Mitsue 1 year ago

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

Barney 1 year ago

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.

Thread summary

● Consensus

Community pick: Yes strong agreement

Vote breakdown

A 95%

B 3%

C 2%

D 2%

Summary updated from 7 comments · last activity 12 months ago

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