ACFE CFE-Financial-Transactions-and-Fraud-Schemes Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam Practice Test

Most of the shell company schemes involve the purchase of goods rather than services.

Most of the shell company schemes involve the purchase of goods rather than services.

Collusion or bid-rigging between bidders is called

Which of the following is the criterion for bid solicitation?

Placing any restriction in the solicitation documents that tend to restrict competition is called prebid solicitation.

In which phase of competitive bidding process, fraudsters attempt to influence the selection of a contractor by restricting the pool of competitors from whom bids are sought?

In ____________ scheme, a supplier pays an employee of the purchasing company to write specifications that will require amendments at a later date.