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1. Which proactive test would alert an investigator to a possible bid-rigging scheme? Review of contact change orders Review of competitive procurements Review focused on

1. Which proactive test would alert an investigator to a possible bid-rigging scheme?

Review of contact change orders

Review of competitive procurements

Review focused on the solicitation phase

Review similar bids

2. Which of the following will often occur when accounts payable liabilities are understated?

Purchases are understated and inventory is understated

Purchases are understated and inventory is overstated

Purchases are overstated and inventory is overstated

Purchases are overstated and inventory is understated

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