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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 1 Question 112 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 112
Topic #: 1
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Collusion or bid-rigging between bidders is called

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Suggested Answer: D

by Dudley at Jun 10, 2025, 03:30 PM

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Cheryl
2 months ago
I thought it was just called collusion, interesting!
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Stephaine
3 months ago
Wait, are we sure that's the right term?
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Louis
3 months ago
It's called bid-rigging when bidders collude.
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Geoffrey
3 months ago
Totally agree, it's a serious issue!
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Linette
3 months ago
Definitely not bribery, that's different.
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Ivette
3 months ago
I vaguely recall that collusion is often linked to contract acceptance, but I can't remember the exact terminology used in our notes.
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Aide
4 months ago
I feel like "to withdraw low bids" might be a tactic used in collusion, but it doesn't sound like the correct answer to this question.
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Jacob
4 months ago
I remember practicing a question about bid solicitation, but I don't think that's the right term for collusion.
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Tamesha
4 months ago
I think collusion is related to bid-rigging, but I'm not sure if it's specifically called something like "bribery receipt" or something else.
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Royce
4 months ago
This seems like a tricky one. I'm going to eliminate the options that don't seem relevant, like bribery receipt and bid solicitation. Then I'll focus on the remaining choices to determine the best answer.
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Gladys
5 months ago
I'm not totally sure about this one. The options don't seem to directly match the question. I'll have to review my notes on procurement and bidding practices to figure this out.
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Hannah
5 months ago
Okay, I think I've got it. Collusion or bid-rigging between bidders is called "bid-rigging", so the answer must be D. Contract acceptance.
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Roxanne
5 months ago
Hmm, I'm a bit confused. Bribery receipt, bid solicitation, and withdrawing low bids don't seem to be the right terms for collusion. I'll have to think this through more carefully.
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Gertude
5 months ago
I'm pretty sure this is asking about collusion between bidders, so the answer must be D. Contract acceptance doesn't seem right.
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