CFE-Fraud-Schemes-and-Financial-Crimes Exam Dumps | Bid-rigging scheme occurs when:

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ACFE.CFE-Fraud-Schemes-and-Financial-Crimes.v2026-08-28.q143
Question 48

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Question 48/143

Bid-rigging scheme occurs when:

A. An employee fraudulently assists a vendor in winning a contract through the competitive bidding process.

B. An employee does not assist a vendor in winning a contract through the competitive bidding process.

C. An employee once assists a vendor in winning a contract through a single competitive bidding process.

D. An employee once assists a vendor in winning a contract through a single competitive bidding process.

Correct Answer: A

Detailed Explanation:
* Rationale for Correct Answer: Bid-rigging occurs when an employee or official manipulates the competitive bidding process to ensure a specific vendor wins the contract. This may involve sharing confidential information, suppressing competition, or tailoring bid specifications.
* Analysis of Incorrect Options:
* B. Does not assist - Opposite of fraud; no scheme.
* C/D. Once assists... - Bid-rigging is systemic, not limited to one occurrence.
* Key Concept: Bid-rigging schemes - corruption in procurement processes.
Reference: ACFE Fraud Examiners Manual (2020 International Edition) , Corruption - Bid-Rigging Schemes .

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