[PDF] cfa question of the day level 1

Question Format

Each multiple-choice item on the CFA Level I exam consists of a stem (a question, a statement, and/or table) as well as three answer choices (A, B, or C). Two basic formats are used: 1. Sentence completion with three unique choices 2. Questions with three unique choices Example 1: Sentence completion If the 12-month continuously compounded return o...

Question Structure

The Level I CFA exam does not use ‘except’, ‘true’, or ‘false’ in items and avoids the use of ‘not’ whenever possible. When appropriate, question stems will include one of the following qualifiers: ‘most likely’, ‘least likely’, ‘best described’, ‘most appropriate’, ‘most accurate’, ‘least appropriate’, or ‘least accurate’. Each question stem suppo...

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How many questions are on the CFA level I exam?

The Level I exam consists of multiple-choice questions with three answers to choose from. The questions vary from open-ended statements to evaluating data and information. CFA Institute provides more details about the format on its website. You can also learn more about the CFA Level I exam in this article .

How can I ease into my CFA prep?

Ease into your CFA prep with free Level I, Level II, or Level III practice questions delivered to your inbox every day.

What is the CFA® program curriculum for the level 1 exam?

The CFA® Program curriculum for the Level I exam is focused on the knowledge and comprehension of investment tools and asset classes, as well as portfolio management and ethical and professional standards. The exam covers the 10 topic areas noted in the chart below.

How much time do I need to study for the CFA?

You may need more or less time, depending on the question and how well you understand the topic. The best way to study for the CFA Level I Exam is to follow the CFA program curriculum and give yourself enough time to learn the material in your ideal learning style.

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CFA PROGRAMCANDIDATE CHECKLIST COMPUTER-BASED

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EXAM DAY. PAGE 9. 3. MEMBERSHIP. •. ABOUT THE MEMBERSHIP fee before one can begin the CFA Program or register for the Level I exam for the first time.



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Ahead of the Level 1 June 2015 exam we are offering candidates a comprehensive Day 11. Mock exam is free of charge for the course participants.



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