What is one method used to avoid conflicts of interest?

Prepare for the CGFM Exam 1 with flashcards and multiple-choice questions. Each question comes with hints and explanations to help you understand. Ace your exam by studying the key concepts of the governmental environment!

One effective method to avoid conflicts of interest is through the use of recusals, which involves a person stepping away from decision-making processes or discussions in situations where their impartiality might be compromised. This practice ensures that an individual with a potential conflict does not take part in decisions that could benefit them personally or create a situation that seems biased. Recusals help maintain the integrity of the decision-making process by ensuring that those involved are acting in the best interest of the public or organization without undue influence from personal interests.

In contexts such as governmental or organizational decision-making, recusals help uphold ethical standards and enhance public trust. When officials or members of committees recognize and disclose their potential conflicts and withdraw from specific discussions or vote, it mitigates the risk of biased outcomes and promotes transparency.

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