Free CFE - Law Exam Braindumps (page: 8)

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When a victim company purchases unnecessary goods or services from a supplier at the direction of the corrupt employee, this results in:

  1. Presolicitation scheme
  2. Need recognition scheme
  3. False sole-source scheme
  4. Submission scheme

Answer(s): B



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

  1. Deliberate writing of vague specifications
  2. Need recognition
  3. False specification
  4. Bid-splitting

Answer(s): A



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?

  1. Need recognition
  2. Solicitation
  3. False specification
  4. Submission

Answer(s): B



A process by which several bidders conspire to split contracts up and ensure that each gets a certain amount of work is called:

  1. Bid opening
  2. Fictitious Bidding
  3. Bid pooling
  4. Bid log

Answer(s): C






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