ACFE Exam CFE Topic 5 Question 69 Discussion

Actual exam question for ACFE's CFE exam

Question #: 69
Topic #: 5

[All CFE Questions]

Placing any restriction in the solicitation documents that tend to restrict competition is called prebid solicitation.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: A

by Annice at Nov 17, 2024, 09:41 PM

Limited Time Offer

25%

Off

Get Premium CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Kayleigh

5 months ago

I'm going to have to go with False on this one. Prebid solicitation should be all about encouraging as much competition as possible.

upvoted 0 times

Julieta

3 months ago

Actually, placing restrictions in solicitation documents can limit competition.

upvoted 0 times

...

Chana

4 months ago

True

upvoted 0 times

...

Delpha

4 months ago

I agree, prebid solicitation should not restrict competition.

upvoted 0 times

...

Becky

4 months ago

False

upvoted 0 times

...

Mabelle

5 months ago

Ha! Restricting competition? That's like the procurement team trying to make it harder for themselves. Definitely False.

upvoted 0 times

...

Melissia

5 months ago

I agree. It's important to ensure a level playing field for all potential bidders.

upvoted 0 times

...

Delpha

5 months ago

Hmm, I don't think that's right. Placing restrictions that limit competition is the opposite of what you'd want in a solicitation document.

upvoted 0 times

Jettie

4 months ago

Actually, placing restrictions that limit competition is called prebid solicitation.

upvoted 0 times

...

Angelo

4 months ago

True

upvoted 0 times

...

Janey

4 months ago

I agree, limiting competition is not ideal in a solicitation document.

upvoted 0 times

...

Nan

4 months ago

False

upvoted 0 times

...

Carey

4 months ago

B) False

upvoted 0 times

...

Corrinne

4 months ago

I agree, placing restrictions that limit competition is not ideal in a solicitation document.

upvoted 0 times

...

Ashlyn

5 months ago

A) True

upvoted 0 times

...

Wade

5 months ago

True. It can limit competition and go against the principles of fair competition.

upvoted 0 times

...

Melissia

5 months ago

Is placing any restriction in the solicitation documents that tend to restrict competition called prebid solicitation?

upvoted 0 times

...

Adelle

5 months ago

I'm pretty sure this is False. Restricting competition in the solicitation process would be considered anticompetitive, not a standard practice.

upvoted 0 times

Dion

4 months ago

Actually, placing restrictions in solicitation documents can limit competition and is not recommended.

upvoted 0 times

...

Venita

4 months ago

True

upvoted 0 times

...

Verlene

5 months ago

I agree, restricting competition goes against the principles of fair competition.

upvoted 0 times

...

Iesha

5 months ago

False

upvoted 0 times

...