ACFE Corruption and Bribery Schemes 2

Question 1

Which element is NOT required to prove commercial bribery under most US state laws?

Accepted Answer

The bribed party must be a government official

Answer

Commercial bribery applies to private-sector employees and agents; the involvement of a government official is not required (that falls under public bribery statutes).

Question 2

When investigating a potential bribery scheme, which document type is most valuable for identifying undisclosed relationships between an employee and a vendor?

Accepted Answer

Conflict of interest disclosure forms

Answer

Conflict of interest disclosure forms require employees to declare personal relationships or financial interests in vendors, making them a primary document in bribery investigations.

Question 3

A 'shell company' scheme most directly supports which type of corruption fraud?

Accepted Answer

Billing for services not rendered through a fictitious entity

Answer

Shell companies are commonly used to fraudulently bill an employer for goods or services never received, routing payments to an account controlled by the fraudster.

Question 4

Under the UK Bribery Act 2010, which offense is unique compared to the FCPA?

Accepted Answer

Failure of a commercial organization to prevent bribery

Answer

Section 7 of the UK Bribery Act creates a strict liability corporate offense for failing to prevent bribery, which has no direct equivalent in the FCPA.

Question 5

Which analytical technique is most effective for detecting corruption in vendor master files?

Accepted Answer

Comparing vendor addresses to employee home addresses

Answer

Matching vendor addresses against employee home addresses can reveal shell companies or conflict-of-interest arrangements set up by employees.

(ACFE) Association of Certified Fraud Examiners Practice Test

(ACFE) Association of Certified Fraud Examiners Practice Test

ACFE Corruption and Bribery Schemes 2