BlackFriday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

ACFE Exam CFE Topic 4 Question 66 Discussion

Actual exam question for ACFE's CFE exam
Question #: 66
Topic #: 4
[All CFE Questions]

A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:

Show Suggested Answer Hide Answer
Suggested Answer: B

by Jennifer at Sep 18, 2024, 07:25 PM

Limited Time Offer

25%

Off

Get Premium CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Vinnie
2 months ago
I disagree, I believe it's B) Turnaround sale or flip because employees are taking advantage of inside information.
upvoted 0 times
...
Lucia
2 months ago
That makes sense, employees using their position for personal gain is definitely a conflict of interest.
upvoted 0 times
...
Lucia
2 months ago
I think the answer is A) Conflict of interest in sale.
upvoted 0 times
...
Cecil
2 months ago
Option A is the way to go here. That's some seriously unethical behavior on the employees' part.
upvoted 0 times
...
Wynell
2 months ago
Definitely A. Employees using their position to personally profit is a big no-no. What a shady move!
upvoted 0 times
Trinidad
21 days ago
A) Conflict of interest in sale
upvoted 0 times
...
Cassie
22 days ago
It's like they're trying to make a quick profit by taking advantage of inside information.
upvoted 0 times
...
Mari
24 days ago
B) Turnaround sale or flip
upvoted 0 times
...
Leonardo
1 months ago
I agree, that's definitely a conflict of interest.
upvoted 0 times
...
Melinda
1 months ago
A) Conflict of interest in sale
upvoted 0 times
...
...
Clorinda
2 months ago
I think the correct answer is A. Conflict of interest in sale. Employees shouldn't be taking advantage of insider information like that!
upvoted 0 times
Lenna
1 months ago
Yes, employees should always act ethically in these situations.
upvoted 0 times
...
Leota
2 months ago
I agree, it's definitely a conflict of interest.
upvoted 0 times
...
...

Save Cancel