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ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 7 Question 95 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 95
Topic #: 7
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

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Suggested Answer: A

by Azalee at Aug 25, 2024, 05:31 AM

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Milly
3 months ago
Conflict of interest all the way. I bet the correct answer involves someone getting caught with their hand in the cookie jar.
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Filiberto
1 months ago
That's right, it's a conflict of interest.
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Chauncey
1 months ago
A) Conflict of interest
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Shelba
1 months ago
No, it's not an illegal sale.
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Vivienne
1 months ago
B) Illegal sale
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Zita
2 months ago
Definitely, it's a conflict of interest.
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Alex
2 months ago
A) Conflict of interest
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Lashawna
3 months ago
Financial disclosure? Yeah, right. That's like asking the fox to guard the henhouse.
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Tonette
2 months ago
C) Unauthorized purchase
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Ernie
2 months ago
B) Illegal sale
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Lashunda
2 months ago
A) Conflict of interest
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Louvenia
3 months ago
D) Financial disclosure could also be important to prevent conflicts of interest.
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Merilyn
3 months ago
I think A is the correct answer. Gotta watch out for those pesky executives trying to line their pockets.
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Agustin
2 months ago
Absolutely, transparency is key to maintaining trust and integrity.
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Brett
2 months ago
It's important for organizations to have policies in place to prevent conflicts of interest.
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Marti
3 months ago
Yes, you're right. Conflict of interest can be a serious issue.
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Rolf
3 months ago
I think A is the correct answer.
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Alfreda
3 months ago
I agree with Domingo, a conflict of interest can harm the organization's integrity.
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Domingo
4 months ago
I think it's A) Conflict of interest because it involves a hidden personal interest.
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Jaime
4 months ago
Conflict of interest seems like the obvious choice here. Who doesn't love a good corporate scandal?
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Yan
3 months ago
B) Illegal sale
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Chauncey
3 months ago
I agree, conflicts of interest can lead to serious consequences for a company.
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Benton
3 months ago
A) Conflict of interest
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Salome
4 months ago
A) Conflict of interest
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