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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:

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Suggested Answer: C

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

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Willard
7 months ago
Sounds shady, but I guess it's a common practice.
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Emogene
7 months ago
Wait, are we really okay with this happening?
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Sena
8 months ago
Nope, it's bid pooling for sure.
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Tegan
8 months ago
I thought it was fictitious bidding?
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Alana
8 months ago
That's definitely called bid pooling.
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Louis
8 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.
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Ricarda
8 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.
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Reita
8 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.
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