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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
5 months ago
Interviews and reviews make sense, but C? Nah.
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Steffanie
5 months ago
I thought all of these were valid methods, but C seems weird.
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Carissa
5 months ago
Wait, underbillings? That sounds a bit off...
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Gregoria
5 months ago
Totally agree, C doesn't fit at all!
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Eladia
6 months ago
C is definitely not a method for detecting conflicts of interest.
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Carmen
6 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
6 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
6 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
6 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
6 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
6 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
6 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
7 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
7 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
1 year 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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