ACFE Exam CFE Topic 2 Question 64 Discussion

Actual exam question for ACFE's CFE exam

Question #: 64
Topic #: 2

[All CFE 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 Felton at Sep 16, 2024, 01:19 AM

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Jacinta

6 months ago

I'm not sure, but I think D) Interviews with purchasing personnel could also be a method to detect conflicts of interest.

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Ivan

6 months ago

Underbillings of assets? Sounds like a sneaky way to hide some shady business. I'm avoiding that like the plague.

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Lili

7 months ago

I agree with Melinda, underbillings of assets doesn't seem like a method to detect conflicts of interest.

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Olen

7 months ago

Tips & Complaints, huh? That's a classic. I bet the auditors love that one.

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Annice

6 months ago

Underbillings of assets and Interviews with purchasing personnel are other methods used to detect conflicts of interest.

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Markus

6 months ago

Review of vendor ownership files is also important to identify any potential conflicts.

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Alline

6 months ago

Yeah, Tips & Complaints is a common method used to detect conflicts of interest.

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7 months ago

Underbillings of assets? That's a new one to me. I'm going with C on this one.

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Ona

7 months ago

I think C is the correct answer too.

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Paulina

7 months ago

I agree, underbillings of assets does sound like an interesting method.

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