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

Bid-rigging scheme occurs when:
A) an employee fraudulently assists a vendor in winning a contract through the competitive bidding process.
B) an employee does not assist a vendor in winning a contract through the competitive bidding process.
C) an employee once assists a vendor in winning a contract through a single competitive bidding process.
D) an employee once assists a vendor in winning a contract through a single competitive bidding process.

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:

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Suggested Answer: A

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

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Naomi
7 months ago
It's definitely about helping a vendor win unfairly.
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Lynelle
7 months ago
I thought bid-rigging was more complicated than that.
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Scarlet
8 months ago
Wait, are we sure this is the right definition?
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Mertie
8 months ago
Totally agree, it undermines fair competition!
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Veronica
8 months ago
Bid-rigging is illegal and unethical.
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Mitsue
8 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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Barney
8 months 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.
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