Certified Fraud Examiner (CFE) — Question 17

The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others is called:

Answer options

• A. Conflict of interest
• B. Corruption
• C. Bribery
• D. Overbilling

Correct answer: B

Explanation

The correct answer is B, as corruption specifically involves the misuse of power for personal gain. Options A, C, and D refer to different unethical behaviors; conflict of interest involves a personal stake affecting judgment, bribery is the act of offering something to influence decisions, and overbilling is charging more than the agreed amount.