CON 1100V EXAM #2 QUESTIONS
AND ANSWERS 100% PASS
What is a COI (Conflict of Interest)? - CORRECT ANSWER-a personal interest
or relationship that conflicts with the faithful performance of official duty.
What is an Actual Conflict of Interest? - CORRECT ANSWER-A Federal
employee is prohibited from participating personally and substantially in an official
capacity in any particular matter in which, to their knowledge, they or any person
whose interests are imputed to them has a financial interest, if the particular matter
will have a direct and predictable effect on that interest
What is an Apparent Conflict of Interest? - CORRECT ANSWER-An apparent
conflict of interest is one which a reasonable person with knowledge of the
relevant facts would question the employee's impartiality in the particular matter. A
potential conflict of interest involves a situation that may develop into an actual
conflict of interest.
What is a prohibited source? - CORRECT ANSWER-Any person who:
(1) Is seeking official action by the employee's agency;
(2) Does business with or seeks to do business with the employee's agency;
, (3) Conducts activities regulated by the employee's agency;
(4) Has interests that may be substantially affected by the performance or
nonperformance of the employee's official duties; or
(5) Is an organization a majority of whose members are described in (1) through
(4).
What is the OGE (Office of Government Ethics) 450 and who must file it? -
CORRECT ANSWER-The OGE Form 450 is the standardized form used by
Executive Branch employees required to file a confidential financial disclosure
report to avoid involvement in a real (actual) or apparent conflict of interest.
Employees who are significantly involved in decision making, making
recommendations or determinations, conducting investigations, or rendering
advise or opinions regarding procurements, expenditure of Government funds,
award of federal benefits, or regulating, auditing, or inspecting non-federal entities
are generally required to make this annual disclosure.
The purpose of this report is to assist employees and their agencies in avoiding
conflicts between official duties and private financial interests or affiliations.
When do I have to file the OGE Form 450? - CORRECT ANSWER-New
Entrants: The report is due within 30 days of an employee assuming a position that
AND ANSWERS 100% PASS
What is a COI (Conflict of Interest)? - CORRECT ANSWER-a personal interest
or relationship that conflicts with the faithful performance of official duty.
What is an Actual Conflict of Interest? - CORRECT ANSWER-A Federal
employee is prohibited from participating personally and substantially in an official
capacity in any particular matter in which, to their knowledge, they or any person
whose interests are imputed to them has a financial interest, if the particular matter
will have a direct and predictable effect on that interest
What is an Apparent Conflict of Interest? - CORRECT ANSWER-An apparent
conflict of interest is one which a reasonable person with knowledge of the
relevant facts would question the employee's impartiality in the particular matter. A
potential conflict of interest involves a situation that may develop into an actual
conflict of interest.
What is a prohibited source? - CORRECT ANSWER-Any person who:
(1) Is seeking official action by the employee's agency;
(2) Does business with or seeks to do business with the employee's agency;
, (3) Conducts activities regulated by the employee's agency;
(4) Has interests that may be substantially affected by the performance or
nonperformance of the employee's official duties; or
(5) Is an organization a majority of whose members are described in (1) through
(4).
What is the OGE (Office of Government Ethics) 450 and who must file it? -
CORRECT ANSWER-The OGE Form 450 is the standardized form used by
Executive Branch employees required to file a confidential financial disclosure
report to avoid involvement in a real (actual) or apparent conflict of interest.
Employees who are significantly involved in decision making, making
recommendations or determinations, conducting investigations, or rendering
advise or opinions regarding procurements, expenditure of Government funds,
award of federal benefits, or regulating, auditing, or inspecting non-federal entities
are generally required to make this annual disclosure.
The purpose of this report is to assist employees and their agencies in avoiding
conflicts between official duties and private financial interests or affiliations.
When do I have to file the OGE Form 450? - CORRECT ANSWER-New
Entrants: The report is due within 30 days of an employee assuming a position that
