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Re: CFA Exam
As you requires here I am giving you exam structure for Chartered Financial Analyst (CFA) Program Level I Exam. CFA Program Level I Exam : Exam Structure and Timing 240 multiple choice questions, Questions paper split among two 3-hour sessions. Morning session (3 hours): 120 multiple choice questions, covering all topics Afternoon session (3 hours): 120 multiple choice questions, covering all topics Level I exams consist of : Basic knowledge and comprehension questions focused on investment tools; Some questions will require analysis. Timing: Approximately 90 seconds for each multiple choice question. Question example : Example 1 (Sentence completion) An analyst suspects that a particular company’s U.S. GAAP financial statements may require adjustment because the company uses take-or-pay contracts. The most likely effect of the appropriate adjustments would be to increase that company’s A. return on assets. B. debt-to-equity ratio. C. interest coverage ratio. Example 2 (Question) An analyst suspects that a particular company’s U.S. GAAP financial statements may require adjustment because the company uses take-or-pay contracts. Which of the following is most likely to increase as a result of the appropriate adjustments being made to that company’s financial statements? A. Return on assets. B. Debt-to-equity ratio. C. Interest coverage ratio. |