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CAMS · Question #826

The supply of goods and services can be vulnerable to corruption within a company, particularly the solicitation and receipt of bribes and kickbacks, because: (Choose two.)

The correct answer is A. certain contractors may receive preferential treatment, allowing them opportunities to inflate C. procurement and contracting processes involve the management of the tender process, which. Corruption risks in the supply of goods and services often arise when contractors receive preferential treatment, enabling inflated margins, and when procurement processes lack sufficient oversight, making it easier for bribes or kickbacks to influence tender outcomes.

Risks and Methods of Money Laundering and Terrorist Financing

Question

The supply of goods and services can be vulnerable to corruption within a company, particularly the solicitation and receipt of bribes and kickbacks, because: (Choose two.)

Options

  • Acertain contractors may receive preferential treatment, allowing them opportunities to inflate
  • Bunsuccessful bidders are informed of decisions and provided detailed justifications for awarding
  • Cprocurement and contracting processes involve the management of the tender process, which
  • Dbids are solicited and disseminated to a wide audience through advertising and other channels.

How the community answered

(29 responses)
  • A
    86% (25)
  • B
    10% (3)
  • D
    3% (1)

Explanation

Corruption risks in the supply of goods and services often arise when contractors receive preferential treatment, enabling inflated margins, and when procurement processes lack sufficient oversight, making it easier for bribes or kickbacks to influence tender outcomes.

Topics

#bribery and corruption#procurement fraud#kickbacks#anti-bribery

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