Free CFE - Law Exam Braindumps (page: 7)

Page 6 of 41

Every bribe is a two-sided transaction, in which where a vendor bribes a purchaser, there is someone on the vendors side of the transaction who is not making an illicit payment.

  1. True
  2. False

Answer(s): B



In which of the following process, all bidders are legally supposed to be placed on the same plane of equality, bidding on the same terms and conditions?

  1. Bid-rigging
  2. Kickbacks
  3. Competitive bidding
  4. Bid solicitation

Answer(s): C



The more power a person has over the bidding process, the more likely the person can influence the selection of a supplier.

  1. True
  2. False

Answer(s): A



Which of the following is NOT the phase of the bidding process?

  1. Presolicitation
  2. Postsolicitation
  3. Solicitation
  4. Submission

Answer(s): B






Post your Comments and Discuss ACFE CFE - Law exam with other Community members:

CFE - Law Discussions & Posts