New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS L3M2 Exam - Topic 2 Question 26 Discussion

Actual exam question for CIPS's L3M2 exam
Question #: 26
Topic #: 2
[All L3M2 Questions]

A situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity, is called:

Show Suggested Answer Hide Answer
Suggested Answer: A

The interests of your employer / official position (for example, to award a contract to the most suit-able bidder) may be in conflict with your personal interests (for example, to line your pockets to live more comfortably). Hence 'conflict of interest'.


by Ettie at Nov 17, 2024, 06:52 AM

Limited Time Offer

25%

Off

Get Premium L3M2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Emerson
3 months ago
Conflict resolution is different, just to clarify.
upvoted 0 times
...
Fredric
3 months ago
I thought it was called shared interests, but I guess not!
upvoted 0 times
...
Yuriko
3 months ago
Wait, are we sure it's not something else?
upvoted 0 times
...
Katie
4 months ago
Totally agree, it's all about conflicts of interest!
upvoted 0 times
...
Jettie
4 months ago
It's definitely called a conflict of interest.
upvoted 0 times
...
Lakeesha
4 months ago
I feel like I’ve seen “double indemnity” in a different context, maybe in insurance? It doesn’t seem right for this question though.
upvoted 0 times
...
Hoa
4 months ago
I’m torn between conflict of interest and conflict resolution. They both seem relevant, but I think the first one fits better.
upvoted 0 times
...
Twana
4 months ago
I remember discussing something similar in class. Isn’t it called a conflict of interest when someone benefits personally from their decisions?
upvoted 0 times
...
Ronnie
5 months ago
I think this is about conflicts of interest, but I’m not 100% sure. It sounds familiar from our last practice quiz.
upvoted 0 times
...
Daniela
5 months ago
Okay, let me break this down step-by-step. A conflict of interest involves personal benefit from official decisions, so that has to be the right answer.
upvoted 0 times
...
Roslyn
5 months ago
I'm not totally sure what "double indemnity" or "double whammy" mean in this context. I'll have to eliminate those and focus on the more relevant options.
upvoted 0 times
...
Ciara
5 months ago
Conflict of interest is the obvious choice here. I remember learning about that in class, so I'm confident I can get this one right.
upvoted 0 times
...
Aja
5 months ago
Hmm, I'm a bit unsure about this one. The options seem similar, so I'll need to read them carefully and think through the differences.
upvoted 0 times
...
Cordelia
5 months ago
This looks like a straightforward question about conflicts of interest. I'll focus on understanding the key terms and identifying the best answer.
upvoted 0 times
...
Lashawn
1 year ago
Conflict of interest, easy peasy. Did they really think we'd fall for 'double indemnity'?
upvoted 0 times
...
Valda
1 year ago
Shared interests? What is this, group project time?
upvoted 0 times
...
Ben
1 year ago
I'm going with A, can't go wrong with the classic conflict of interest.
upvoted 0 times
Mary
1 year ago
B) Shared interests
upvoted 0 times
...
Arlene
1 year ago
Good choice, it's important to recognize when there's a conflict of interest.
upvoted 0 times
...
Dana
1 year ago
A) Conflict of interest
upvoted 0 times
...
...
Ceola
1 year ago
I agree with Cecilia, A) Conflict of interest makes the most sense in this situation.
upvoted 0 times
...
Cecilia
1 year ago
I think it's A) Conflict of interest because it involves personal benefit.
upvoted 0 times
...
Hershel
1 year ago
A) Conflict of interest
upvoted 0 times
...
Stephen
1 year ago
Haha, 'double whammy'? That's a new one, they're really grasping at straws here.
upvoted 0 times
...
Ben
1 year ago
Definitely conflict of interest, can't believe they're trying to trick us with all these other options.
upvoted 0 times
Justa
1 year ago
Conflict resolution is different from conflict of interest.
upvoted 0 times
...
Vicente
1 year ago
E) Conflict resolution
upvoted 0 times
...
Luis
1 year ago
No, it's not shared interests. It's a conflict of interest.
upvoted 0 times
...
Dusti
1 year ago
B) Shared interests
upvoted 0 times
...
Suzan
1 year ago
I agree, it's definitely a conflict of interest.
upvoted 0 times
...
German
1 year ago
A) Conflict of interest
upvoted 0 times
...
Herminia
1 year ago
Conflict resolution is different from conflict of interest.
upvoted 0 times
...
Vi
1 year ago
E) Conflict resolution
upvoted 0 times
...
Luke
1 year ago
No, it's not shared interests. It's a conflict of interest.
upvoted 0 times
...
Polly
1 year ago
B) Shared interests
upvoted 0 times
...
Goldie
1 year ago
I agree, it's definitely a conflict of interest.
upvoted 0 times
...
Kate
1 year ago
A) Conflict of interest
upvoted 0 times
...
...

Save Cancel