Exam CFE - Financial Transactions and Fraud Schemes topic 1 question 140 discussion

Actual exam question from ACFE's CFE - Financial Transactions and Fraud Schemes

Question #: 140
Topic #: 1

[All CFE - Financial Transactions and Fraud Schemes Questions]

Which of the following would NOT be considered a conflict of interest?

A. Robert works for Muir's Printing Services on weekdays and Winsted Café on weekends, but he does not tell either employer about the other job.
B. Jennifer is on the boards of two companies that compete in the retail market, but she does not tell either company about her role at the other.
C. Ernest hires his brother, John, to provide vending services to his employer's lunch areas, but he does not disclose their relationship.
D. Harriet owns a significant amount of stock in a company she regularly buys office supplies from, and her employer is unaware of this fact.

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Suggested Answer: D 🗳️

by vynyfulu at April 5, 2025, 12:23 p.m.

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AjaiArjuna

3 months, 3 weeks ago

Selected Answer: A

Correct Answer: A. Robert works for Muir's Printing Services on weekdays and Winsted Café on weekends, but he does not tell either employer about the other job. 💡 Explanation: A conflict of interest arises when an individual’s personal interests could improperly influence their professional judgment, decisions, or actions on behalf of an employer or client.

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