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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
9 months ago
Sounds shady, but I guess it's a common practice.
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Emogene
9 months ago
Wait, are we really okay with this happening?
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Sena
9 months ago
Nope, it's bid pooling for sure.
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Tegan
9 months ago
I thought it was fictitious bidding?
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Alana
9 months ago
That's definitely called bid pooling.
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Louis
10 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
10 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
10 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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