ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 1 Question 97 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam

Question #: 97
Topic #: 1

[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

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

ATips & Complaints

BReview of vendor ownership files

CUnderbillings of assets

DInterviews with purchasing personnel

Show Suggested Answer

Suggested Answer: C

by Rebeca at Sep 19, 2024, 05:04 PM

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Micaela

4 months ago

Conflict of interest? More like conflict of interest in a good meal. I'll take all of the above, please!

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Trina

4 months ago

This exam is making me hungry. I wonder if the correct answer is a delicious tip...

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Reuben

3 months ago

No, I believe it's D) Interviews with purchasing personnel

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Aliza

4 months ago

I think the answer is C) Underbillings of assets

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Vannessa

4 months ago

A) Tips & Complaints

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Felix

4 months ago

A. Tips & Complaints? Really? That's like asking your friends if they're stealing from you. Not very reliable.

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Georgene

5 months ago

Hmm, I'm going with B. Review of vendor ownership files. That seems like the most logical approach to me.

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Bev

4 months ago

I see your point, but A) Tips & Complaints is another important method to consider.

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Buddy

4 months ago

I agree, but D) Interviews with purchasing personnel can also help uncover conflicts of interest.

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Jutta

4 months ago

I think C) Underbillings of assets is also a method used to detect conflicts of interest.

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Lelia

5 months ago

But underbillings of assets can also help detect conflicts of interest, so I still think it's the correct answer.

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Quiana

5 months ago

D. Interviews with purchasing personnel is the way to go! That's the best method to identify any shady business.

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Billi

4 months ago

C) Underbillings of assets

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Layla

4 months ago

B) Review of vendor ownership files

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Benton

5 months ago

A) Tips & Complaints

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Lanie

5 months ago

I think the answer is C. Underbillings of assets seems unrelated to detecting conflicts of interest.

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Darell

4 months ago

D) Interviews with purchasing personnel

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Myra

4 months ago

C) Underbillings of assets

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Malcom

5 months ago

B) Review of vendor ownership files

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Sherell

5 months ago

A) Tips & Complaints

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Mickie

5 months ago

I disagree, I believe it's D) Interviews with purchasing personnel.

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Lelia

5 months ago

I think the answer is C) Underbillings of assets.

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