Testing Time

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Your scheduled appointment time for Part I of the exam is 180 minutes, 155 minutes of which is used to answer the 125 questions presented. Of the 125 questions, 110 questions will be Multiple Choice and 15 will be Task Based Simulations.

Your scheduled appointment time for Part II of the exam is 270 minutes, 245 minutes of which is used to answer the 125 questions presented. Of the 125 questions, 90 questions will be Multiple Choice and 35 will be Task Based Simulations.

You will have approximately 60 seconds for each Multiple Choice Question and approximately 2-2.5 minutes for each Task Based Simulation.

There will be 25 minutes allotted to both parts of the examination for the non-disclosure agreement, examination tutorial and post-test survey.

Part I: Financial Acumen: Gathering, Interpreting, Understanding and Communicating Business and Financial Information (180 minutes)
Non-Disclosure Agreement3 minutes
Tutorial17 minutes
Multiple Choice Questions120 minutes
Task-Based Simulations35 minutes
Post-Test Survey5 minutes
 
Part II: Financial Analysis: Building and Interpreting Financial Projections (270 Minutes)
Non-Disclosure Agreement3 minutes
Tutorial17 minutes
Multiple Choice Questions130 minutes
Task-Based Simulations115 minutes
Post-Test Survey5 minutes

During the examination, you will have the opportunity to review any questions on the examination. You can change answers, mark or skip questions. Should you finish one section of the exam before your time expires, any leftover time will not be transferred to the next section. Should your time expire while taking the exam, all answers, regardless of how they are marked, will be calculated into your score. Once your allowed time has expired, or you exit the examination, you cannot see or review the questions again. Incorrect answers will not count against you, so it is in your best interest to answer all questions on the exam.