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ACFE CFE Exam - Topic 2 Question 64 Discussion

Which of the following method is NOT used to detect conflicts of interest?
C) Underbillings of assets
A) Tips & Complaints
B) Review of vendor ownership files
D) Interviews with purchasing personnel

ACFE CFE Exam - Topic 2 Question 64 Discussion

Actual exam question for ACFE's CFE exam
Question #: 64
Topic #: 2
[All CFE Questions]

Which of the following method is NOT used to detect conflicts of interest?

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Suggested Answer: C

by Felton at Sep 16, 2024, 01:19 AM

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Erasmo
9 months ago
Interviews and reviews make sense, but C? Nah.
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Steffanie
9 months ago
I thought all of these were valid methods, but C seems weird.
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Carissa
10 months ago
Wait, underbillings? That sounds a bit off...
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Gregoria
10 months ago
Totally agree, C doesn't fit at all!
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Eladia
10 months ago
C is definitely not a method for detecting conflicts of interest.
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Carmen
10 months ago
I vaguely remember a practice question about this, and I think "Underbillings of assets" was mentioned as something unrelated to detecting conflicts.
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Gerald
11 months ago
"Review of vendor ownership files" sounds like a standard practice, but I feel like "Interviews with purchasing personnel" could also be a valid method.
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Roselle
11 months ago
I think "Tips & Complaints" is a common method, but I can't recall if it's the one that's NOT used.
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Brynn
11 months ago
I remember we discussed various methods to detect conflicts of interest, but I'm not sure about "Underbillings of assets." It seems a bit off.
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Kimbery
11 months ago
I'm a little unsure about this one. I know there are a few different ways to detect conflicts of interest, but I'm not totally sure which one is the odd one out. I'll have to weigh the options carefully.
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Ashton
11 months ago
Okay, let's see here. Tips and complaints, review of vendor ownership files, underbillings of assets, interviews with purchasing personnel. Gotta be careful not to overthink this one.
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Marjory
11 months ago
Hmm, this seems like a tricky one. I'll need to think through the different methods used to detect conflicts of interest and eliminate the ones that don't fit.
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Alfreda
11 months ago
Alright, let's do this. I'm pretty confident I know the answer here. Underbillings of assets doesn't seem like a typical method for detecting conflicts of interest, so I'm going to go with that.
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Pamela
11 months ago
I'm not totally sure about this one. Is it a native mobile app or a mobile web app? I'll have to review the differences between those.
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Jacinta
2 years ago
I'm not sure, but I think D) Interviews with purchasing personnel could also be a method to detect conflicts of interest.
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Ivan
2 years ago
Underbillings of assets? Sounds like a sneaky way to hide some shady business. I'm avoiding that like the plague.
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Lili
2 years ago
I agree with Melinda, underbillings of assets doesn't seem like a method to detect conflicts of interest.
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Olen
2 years ago
Tips & Complaints, huh? That's a classic. I bet the auditors love that one.
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Annice
2 years ago
Underbillings of assets and Interviews with purchasing personnel are other methods used to detect conflicts of interest.
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Markus
2 years ago
Review of vendor ownership files is also important to identify any potential conflicts.
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Alline
2 years ago
Yeah, Tips & Complaints is a common method used to detect conflicts of interest.
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Chi
2 years ago
Interviews with purchasing personnel? Sounds like a lot of work, but I guess it's better than getting a complaint about my tips.
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Maryanne
2 years ago
D) Interviews with purchasing personnel
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Vanesa
2 years ago
C) Underbillings of assets
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Cory
2 years ago
B) Review of vendor ownership files
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Izetta
2 years ago
A) Tips & Complaints
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Melinda
2 years ago
I think the answer is C) Underbillings of assets.
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Lang
2 years ago
Review of vendor ownership files sounds like the way to go. Gotta keep an eye on those vendors, am I right?
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Vanesa
2 years ago
Underbillings of assets? That's a new one to me. I'm going with C on this one.
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Ona
2 years ago
I think C is the correct answer too.
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Paulina
2 years ago
I agree, underbillings of assets does sound like an interesting method.
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