View Lesson and Quiz Quiz

Please sign up for the course before taking this quiz.

  1. 1. Which of the following is NOT a component of the Fraud Diamond?

  2. 2. _____ schemes occur when vendors collude to submit bids that can influence the contract price and determine which of the bidding vendors is awarded the contract. This type of scheme may include bids from shell companies to give the false appearance of competition.

  3. 3. Which of the following is NOT a common red flag identifying vendor collusion schemes?

  4. 4. Market allocation schemes involve illegal agreements that allocate markets between them and then they abstain from competing on government procurements in each other’s market. The allocation usually involves control over a _____.

  5. 5. A pattern of the last vendor to bid winning a contract may signal corruption in which a government official or employee is inappropriately communicating confidential information to a colluding vendor.

Back to: View Lesson and Quiz