Certified Fraud Examiner (CFE) — Question 4

Collusion or bid-rigging between bidders is called

Answer options

• A. Bribery receipt
• B. Bid solicitation
• C. To withdraw low bids
• D. Contract acceptance

Correct answer: D

Explanation

The correct answer is D, as collusion or bid-rigging between bidders often leads to the acceptance of contracts that are not competitively bid. Options A, B, and C do not accurately describe the act of collusion or bid-rigging; they refer to different processes or actions unrelated to the manipulation of bids.