CFE – Financial Transactions and Fraud Schemes — Question 56

All of the following are common ways that a procuring employee might engage in a bid manipulation scheme EXCEPT:

Answer options

• A. Charging for costs that are not allowable
• B. Altering bids
• C. Opening bids prematurely
• D. Extending bid opening dates without justification

Correct answer: A

Explanation

The correct answer is A because charging for costs that are not allowable is more about financial mismanagement rather than directly manipulating the bidding process. Options B, C, and D all involve direct actions that affect the integrity of the bid process itself.