IIA Exam IIA-CGAP Topic 4 Question 87 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 87
Topic #: 4

_________ are a contracting method employing competitive undisclosed bids, public bid opening, and awards contracts when:

ASealed bids

BOpen bids

CNone of the above.

DAll of the above.

Show Suggested Answer

Suggested Answer: D

by My at Sep 13, 2024, 05:23 AM

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Deangelo

5 months ago

I'm not sure, but I think it could also be D) All of the above because it covers all possibilities.

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Timothy

5 months ago

I agree with Dannie, sealed bids are the way to go for this contracting method.

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Dannie

5 months ago

I think the answer is A) Sealed bids.

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Carylon

5 months ago

D. All of the above. It's like a buffet of contracting methods - why choose just one when you can have them all?

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Yun

5 months ago

A sealed bid, huh? Sounds like a magic trick to me. I'll just pull the right answer out of my hat!

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Haley

3 months ago

Exactly, it helps ensure fairness and transparency in the bidding process.

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Nichelle

4 months ago

So it's like a secret auction, where the bids are only revealed after the deadline.

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Tamekia

4 months ago

That's right, sealed bids are used in competitive undisclosed bidding.

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Ty

4 months ago

Sealed bids

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Cristal

5 months ago

I'm going with B. Open bids all the way! Transparency, baby, that's what it's all about.

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Isadora

4 months ago

I prefer open bids, transparency is key in the contracting process.

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Willard

4 months ago

I agree, sealed bids ensure a level playing field for all bidders.

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Nidia

5 months ago

I think sealed bids are the way to go. Keeps things fair and confidential.

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Lizette

5 months ago

C'mon, it's clearly A. Sealed bids are the only way to go for this kind of contract. Anything else is just amateur hour.

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Herman

5 months ago

Hmm, I think it's D. All of the above. Gotta cover all the bases, you know?

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Alishia

5 months ago

Sealed bids, no doubt. The secrecy and public opening are the key factors here.

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Kanisha

4 months ago

All of the above options have their pros and cons, but sealed bids seem to be the most reliable.

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Lauran

4 months ago

Open bids can sometimes lead to favoritism, so sealed bids are the better option.

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Carin

5 months ago

I agree, the public bid opening adds another level of accountability.

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Irma

5 months ago

Sealed bids are definitely the way to go. It ensures fairness and transparency.

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