ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 8 Question 103 Discussion

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

Question #: 103
Topic #: 8

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

Collusion or bid-rigging between bidders is called

ABribery receipt

BBid solicitation

CTo withdraw low bids

DContract acceptance

Show Suggested Answer

Suggested Answer: D

by Eleni at Nov 19, 2024, 03:33 PM

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Lizbeth

6 days ago

Haha, look at these amateurs. Clearly, the answer is C. Withdrawing low bids is the way to go. It's like a game of chicken, but with taxpayer money!

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Rene

8 days ago

Hold up, you're all missing the obvious. Collusion is just another word for 'coordinating with the competition'. I'm going with B, bid solicitation. Gotta keep those bids in check, you know?

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Marcelle

2 days ago

I agree, bid solicitation is definitely the way to go.

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Salome

13 days ago

I agree with Chaya. It's important to maintain integrity in the bidding process.

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Chaya

18 days ago

I think it's unethical to engage in bid-rigging. It goes against fair competition.

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Brande

20 days ago

Collusion or bid-rigging between bidders is called bid solicitation.

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Alishia

20 days ago

You guys are way off. It's clearly A. Bribery receipt is the way to go. Slip the right people some cash and watch the money roll in!

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Alita

7 days ago

A) Bribery receipt

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Alaine

27 days ago

Nah, I think it's D. Contract acceptance is the way to go. Gotta love that sweet, sweet bid-rigging action, am I right?

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Ciara

3 days ago

B) Bid solicitation

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Kaitlyn

11 days ago

A) Bribery receipt

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Penney

29 days ago

I'm pretty sure the correct answer is C. Collusion or bid-rigging is all about withdrawing low bids to rig the system.

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Louis

20 days ago

I think the correct answer is A. Bribery receipt.

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