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ACFE Exam CFE Topic 4 Question 66 Discussion

Actual exam question for ACFE's CFE exam
Question #: 66
Topic #: 4
[All CFE Questions]

A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:

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Suggested Answer: B

by Jennifer at Sep 18, 2024, 07:25 PM

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Vinnie
7 months ago
I disagree, I believe it's B) Turnaround sale or flip because employees are taking advantage of inside information.
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Lucia
7 months ago
That makes sense, employees using their position for personal gain is definitely a conflict of interest.
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Lucia
7 months ago
I think the answer is A) Conflict of interest in sale.
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Cecil
7 months ago
Option A is the way to go here. That's some seriously unethical behavior on the employees' part.
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Wynell
7 months ago
Definitely A. Employees using their position to personally profit is a big no-no. What a shady move!
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Trinidad
6 months ago
A) Conflict of interest in sale
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Cassie
6 months ago
It's like they're trying to make a quick profit by taking advantage of inside information.
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Mari
6 months ago
B) Turnaround sale or flip
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Leonardo
6 months ago
I agree, that's definitely a conflict of interest.
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Melinda
7 months ago
A) Conflict of interest in sale
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Clorinda
8 months ago
I think the correct answer is A. Conflict of interest in sale. Employees shouldn't be taking advantage of insider information like that!
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Lenna
7 months ago
Yes, employees should always act ethically in these situations.
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Leota
7 months ago
I agree, it's definitely a conflict of interest.
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