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

2 months 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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Meaghan

16 days ago

True, but it's all part of the game. Gotta play smart to win.

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Jovita

16 days ago

I see your point. It's a cutthroat world out there.

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Jacob

26 days ago

But isn't that risky? What if someone else undercuts you?

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Sylvia

1 months ago

I think you're onto something with withdrawing low bids.

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Rene

2 months 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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Maddie

10 days ago

Exactly, that's why bid solicitation is the right answer here.

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Lilli

15 days ago

No, collusion is not about accepting contracts, it's about working together with other bidders.

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Clare

1 months ago

But what about contract acceptance? Isn't that part of the process too?

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Marcelle

1 months ago

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

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Salome

2 months ago

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

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Chaya

2 months ago

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

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Brande

2 months ago

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

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Alishia

2 months 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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Kanisha

25 days ago

B) Bid solicitation

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Carmelina

1 months ago

D) Contract acceptance

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Alita

2 months ago

A) Bribery receipt

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Alaine

2 months 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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Leatha

25 days ago

D) Contract acceptance

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Miriam

27 days ago

C) To withdraw low bids

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Ciara

1 months ago

B) Bid solicitation

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Kaitlyn

2 months ago

A) Bribery receipt

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Penney

2 months 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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Alethea

1 months ago

Actually, it's D. Contract acceptance.

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Johnson

1 months ago

I'm pretty sure it's C. To withdraw low bids.

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Margurite

1 months ago

No, I believe it's B. Bid solicitation.

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Louis

2 months ago

I think the correct answer is A. Bribery receipt.

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