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Exam CFE - Financial Transactions and Fraud Schemes All Questions

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Exam CFE - Financial Transactions and Fraud Schemes topic 1 question 172 discussion

Actual exam question from ACFE's CFE - Financial Transactions and Fraud Schemes
Question #: 172
Topic #: 1
[All CFE - Financial Transactions and Fraud Schemes Questions]

To help prevent fraudulent billing schemes, it is recommended that companies prohibit competitive bidding practices.

  • A. True
  • B. False
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Suggested Answer: A 🗳️
by vynyfulu at April 5, 2025, 12:26 p.m.

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_denw
6 days, 12 hours ago
Selected Answer: B
Competitive bidding practices are actually a recommended control to prevent fraudulent billing schemes — not prohibit them.
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