Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 9 Question 25 Discussion

A process by which several bidders conspire to split contracts up and ensure that each gets a certain amount of work is called:
C) Bid pooling
A) Bid opening
B) Fictitious Bidding
D) Bid log

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 9 Question 25 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 25
Topic #: 9
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

A process by which several bidders conspire to split contracts up and ensure that each gets a certain amount of work is called:

Show Suggested Answer Hide Answer
Suggested Answer: C

by Albina at May 05, 2022, 04:19 PM

Limited Time Offer

25%

Off

Get Premium CFE-Financial-Transactions-and-Fraud-Schemes Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Willard
10 months ago
Sounds shady, but I guess it's a common practice.
upvoted 0 times
...
Emogene
10 months ago
Wait, are we really okay with this happening?
upvoted 0 times
...
Sena
11 months ago
Nope, it's bid pooling for sure.
upvoted 0 times
...
Tegan
11 months ago
I thought it was fictitious bidding?
upvoted 0 times
...
Alana
11 months ago
That's definitely called bid pooling.
upvoted 0 times
...
Louis
11 months ago
Hmm, I'm not sure about this one. I know the MC is used to manage Splunk instances, but I'm not familiar with the details of how it identifies the server roles. I'll have to think this through carefully.
upvoted 0 times
...
Ricarda
11 months ago
I think I know the answer to this one. If the approval is rejected, the State field should revert to its previous value, so I'll go with option D.
upvoted 0 times
...
Reita
11 months ago
I'm not completely sure, but wouldn't it make sense to stop all wires to the bank on the SDN list first? We need to prevent further violations.
upvoted 0 times
...

Save Cancel