Q: 18
Placing any restriction in the solicitation documents that tend to restrict competition is called prebid
solicitation.
Options
Discussion
True imo, B is tricky but those initial restrictions are classic prebid solicitation in ACFE terms.
False
True imo. These vendor terms are always confusing on ACFE exams but looks like they're calling that prebid solicitation here.
True , saw similar wording in an actual exam report.
Doesn’t prebid solicitation specifically refer to limiting competition before bids come in by tweaking requirements in the initial docs? Maybe the key is whether these restrictions happen up front or after bids are submitted.
True . Adding restrictions before bids are submitted that limit competition is classic prebid solicitation fraud. B can be tempting if you overthink the wording but that's the intent here based on how ACFE frames it.
False tbh
True here. In procurement fraud, putting restrictions in solicitation docs to limit competition is exactly what prebid solicitation means. Easy trap is thinking it’s just a general procurement process, but the focus is on actions taken before bidding to reduce fair competition. Pretty sure this matches ACFE exam wording, anyone see it used differently?
Probably True, that's what I've seen in similar questions from exam reports.
Be respectful. No spam.