ACFE Exam CFE Topic 4 Question 61 Discussion

Actual exam question for ACFE's CFE exam

Question #: 61
Topic #: 4

A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

AConflict of interest

BIllegal sale

CUnauthorized purchase

DFinancial disclosure

Show Suggested Answer

Suggested Answer: A

by Ngoc at Aug 22, 2024, 03:31 PM

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Agustin

2 months ago

Ooh, this is a tough one. But I'd have to go with A. Wouldn't want to end up in hot water, that's for sure!

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Rolland

3 months ago

A conflict of interest, for sure. Gotta keep those personal interests out of the business, am I right?

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Tegan

2 months ago

Absolutely, it's crucial for maintaining trust and credibility in the workplace.

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Barney

2 months ago

I agree, it's important to be transparent and avoid any conflicts of interest.

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Gilberto

2 months ago

Yes, definitely. It can really impact the organization's integrity.

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Barabara

3 months ago

I believe it's A) Conflict of interest too, it's important to disclose any potential conflicts to avoid ethical issues.

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Gary

3 months ago

I agree with Deandrea, a conflict of interest can harm the organization's integrity.

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Dannie

3 months ago

Hmm, this one's tricky. I'm going with A, but I hope I don't have any of those at my workplace!

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Elza

1 months ago

Definitely, transparency is key in the workplace.

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Matthew

1 months ago

I agree, it's important to be aware of potential conflicts of interest.

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Mireya

1 months ago

Yeah, that makes sense. It can be tricky to navigate.

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Yuriko

2 months ago

I think it's A) Conflict of interest.

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Jessenia

3 months ago

Definitely a conflict of interest! You can't have your cake and eat it too, you know?

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Tanja

2 months ago

No, it's not about illegal sales. It's about conflicts of interest.

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Daniel

3 months ago

B) Illegal sale

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Lenora

3 months ago

Exactly, it's important to disclose any potential conflicts of interest.

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Mona

3 months ago

A) Conflict of interest

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Deandrea

3 months ago

I think it's A) Conflict of interest because it involves personal gain.

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Derick

4 months ago

A) Conflict of interest

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