CFA Interviewing Strategies & Reporting Methods 2

Question 1

Which interviewing technique involves allowing long pauses after a subject's answer to encourage them to continue speaking?

Accepted Answer

The strategic use of silence

Answer

Strategic use of silence creates psychological discomfort that often prompts subjects to fill the void with additional — sometimes incriminating — information.

Question 2

In a fraud investigation report, what is the primary purpose of the executive summary section?

Accepted Answer

To give senior decision-makers a concise overview of findings and conclusions

Answer

The executive summary distills key findings, conclusions, and recommendations for busy executives who may not read the full report.

Question 3

A fraud examiner suspects an employee is lying during an interview. Which behavioral indicator is considered the LEAST reliable sign of deception?

Accepted Answer

Lack of eye contact

Answer

Research shows that lack of eye contact is a cultural behavior and poor deception indicator, while inconsistencies with known facts are far more reliable.

Question 4

When conducting an admission-seeking interview, at what stage should the examiner first present evidence of the subject's wrongdoing?

Accepted Answer

After building rapport and transitioning to the accusatory phase

Answer

Presenting evidence prematurely can cause a subject to become defensive; evidence is most effective after rapport is established and an accusatory theme is introduced.

Question 5

Which of the following best describes the purpose of a 'theme' in an admission-seeking interview?

Accepted Answer

A moral justification or rationalization that minimizes the subject's guilt to encourage confession

Answer

Themes are moral justifications or rationalizations offered by the interviewer to reduce the subject's perceived shame and make admission psychologically easier.

CFA Practice Test

CFA Practice Test

CFA Interviewing Strategies & Reporting Methods 2