Certified Fraud Examiner (CFE) — Question 3

Which of the following is the criterion for bid solicitation?

Answer options

• A. Containing false statements
• B. Allowing the purchaser to discuss possible employment with the contractor
• C. To withdraw low bids
• D. To falsify the bid log

Correct answer: B

Explanation

Option B is correct because it allows for discussions about potential employment, which is a legitimate part of the bid process. The other options involve unethical or illegal activities, such as false statements, withdrawing bids, or tampering with the bid log, which do not meet the criteria for bid solicitation.