CFA Exam
 

Will you please give here exam structure for Chartered Financial Analyst (CFA) Program Level I Exam ?

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.