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ACFE CFE Exam - Topic 1 Question 96 Discussion

Another way to eliminate competition in the solicitation phase of the selection process is to:
A) Solicit bid from fictitious suppliers
B) Solicit transaction from fictitious vendors
C) Solicit bid-splitting from fictitious vendors
D) None of the above

ACFE CFE Exam - Topic 1 Question 96 Discussion

Actual exam question for ACFE's CFE exam
Question #: 96
Topic #: 1
[All CFE Questions]

Another way to eliminate competition in the solicitation phase of the selection process is to:

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Suggested Answer: A

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Glendora
2 days ago
I feel like A is unethical. Fictitious suppliers? Really?
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Ronny
7 days ago
This question is tricky. I think D is the best choice.
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Tammara
12 days ago
Wait, are people really doing this? Sounds sketchy!
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Pamella
18 days ago
I agree with Jane, it's shady but not uncommon.
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Audrie
23 days ago
Isn't soliciting bids from fictitious vendors illegal?
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Colby
28 days ago
Definitely not a good practice, but it happens.
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Jesus
1 month ago
I can't believe people would actually consider option A.
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Gabriele
1 month ago
I believe "none of the above" could be the right answer, but I’m not entirely confident. We did talk about avoiding unethical practices in the selection process.
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Nathan
1 month ago
I’m really uncertain about this one. I feel like none of the options seem ethical, but I can't remember what we discussed in class.
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Earleen
2 months ago
This question feels familiar; I think we had a practice question about bid-splitting, but I can't recall the details.
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Antonio
2 months ago
I think I remember something about fictitious vendors, but I'm not sure if it's about bids or transactions.
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