Short on study time before your CFA-Level-I exam? The 2200 practice questions from Actual4Exams focus on the objectives that matter most in the CFA Institute CFA Level I Chartered Financial Analyst test, so every review session counts. Download the PDF and turn spare minutes into real progress.
CFA CFA-Level-I Exam Overview:
| Certification Vendor: | CFA Institute |
|---|---|
| Exam Name: | Chartered Financial Analyst (CFA) Program Level I |
| Exam Number: | CFA Level I |
| Certificate Validity Period: | Passing status for CFA Level I is permanent; no expiration as you progress to Level II |
| Exam Duration: | 270 minutes per session (2 sessions; total ~270 minutes / 4.5 hours) |
| Related Certifications: | CFA Level III Chartered Financial Analyst (CFA) Charter CFA Level II |
| Passing Score: | Minimum Passing Score (MPS) set by CFA Institute per exam session (not publicly disclosed) |
| Real Exam Qty: | 180 multiple-choice questions |
| Exam Format: | Multiple Choice Questions (180), Computer-Based Test (CBT) |
| Available Languages: | English |
| Exam Price: | Approximately USD 1,140 (early registration) – USD 1,490 (standard registration) for 2026 exam windows |
| Sample Questions: |  |
| Exam Way: | Computer-Based Testing (CBT) delivered globally at approved test centers |
| Pre Condition: | Meet CFA Program enrollment requirements: bachelor's degree (completed or final year) or 4,000 hours of work experience (professional or combination of university + work) |
| Official Syllabus URL: | https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam |
CFA CFA-Level-I Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Equity Investments | 11-14% | |
| Alternative Investments | 7-10% | |
| Financial Statement Analysis | 11-14% | |
| Fixed Income | 11-14% | |
| Economics | 6-9% | |
| Corporate Issuers | 6-9% | |
| Quantitative Methods | 6-9% | |
| Ethical and Professional Standards | 15-20% | |
| Portfolio Management and Wealth Planning | 8-12% | |
| Derivatives | 5-8% |
CFA-Level-I Exam FAQ: What Candidates Ask About CFA Institute CFA Level I Chartered Financial Analyst
The CFA-Level-I exam, officially known as CFA Institute CFA Level I Chartered Financial Analyst, is the CFA test that leads to the CFA Level certification at the Entry / Foundational level. Passing it validates the skills employers expect from a certified professional. It is also associated with related credentials such as CFA Level II, CFA Level III, Chartered Financial Analyst (CFA) Charter.
The CFA-Level-I exam contains 180 multiple-choice questions questions, and you have 270 minutes per session (2 sessions; total ~270 minutes / 4.5 hours) to complete them. Work out your per-question pace before test day, and flag slow items instead of stalling on them — time pressure, not knowledge, sinks many first attempts. Timed mock exams in the Actual4Exams test engines are the most reliable way to build that rhythm.
The passing score for the CFA-Level-I exam is Minimum Passing Score (MPS) set by CFA Institute per exam session (not publicly disclosed), and the official registration fee is Approximately USD 1,140 (early registration) – USD 1,490 (standard registration) for 2026 exam windows. If you miss the mark, a retake means paying the full fee again, so book your seat only when you are ready. A practical benchmark: score consistently above the passing line on timed practice tests before scheduling the real exam.
Meet CFA Program enrollment requirements: bachelor's degree (completed or final year) or 4,000 hours of work experience (professional or combination of university + work)
Entry requirements can change, so confirm the latest conditions on the official exam page: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam.
Yes. A free PDF demo of the CFA Institute CFA Level I Chartered Financial Analyst questions is available, so you can check the question style and answer quality before you pay. Every purchase also includes 365 days of free updates, and if the product expires you can renew the update service at a 50% discount from your member zone.
If you take the corresponding CFA-Level-I exam within 60 days of purchase and do not pass, you can apply for a full refund under the 100% Money Back Guarantee: submit a scan of your enrollment slip and your official Score Report (PDF) within 2 days of the exam date, and the claim is processed within 7 days. Attempts made within 3 days of purchase, downloads without an actual exam attempt, free materials, and expired orders are not eligible, and the candidate name must match the payer name. Prefer new material instead of a refund? You can exchange your purchase for two free products of equal value and keep the update service on your original product. As for delivery, the files are available for instant download and are also emailed to you within one minute of payment — if nothing arrives within 2 hours, contact customer service. There is no limit on how many computers you can install the product on.
The official CFA Institute CFA Level I Chartered Financial Analyst outline is organized into 10 domains. The first three are:
- Alternative Investments — 7-10% of the exam
- Financial Statement Analysis — 11-14% of the exam
- Portfolio Management and Wealth Planning — 8-12% of the exam
See the complete exam topics section above for the full outline and the weighting of every domain.
CFA Institute CFA Level I Chartered Financial Analyst Sample Questions:
What is the only source in the financial statements for learning about cash generation?
- A. the statement of cash flows
- B. the balance sheet
- C. the income statement
Correct Answer: A 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
Diane Corporation had 400 units of inventory on hand at July 1, 2002, costing $20 each. Purchases and sales of goods during the month of July were as follows:
July 12, 2002 Sales 200 units @ $40 July 15, 2002 Purchases 100 units @ $26 July 25, 2002 Purchases
3 00 units @ $28 July 30, 2002 Sales 200 units @ $40
Assume Diane Corporation does not maintain perpetual inventory records. According to a physical count,
4 00 units were on hand on July 31, 2002.
The cost of inventory at July 31, 2002, using the LIFO cost method, is:
- A. $9,500
- B. $11,000
- C. $8,000
Correct Answer: C 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
The main difference between the current ratio and the quick ratio is that the quick ratio excludes:
- A. inventory.
- B. assets.
- C. sales.
Correct Answer: A 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
Which of the following is/are true?
I). If P(A or B) = P(A) + P(B), then A and B are independent.
II). If P(A and B) = P(A) x P(B), then A and B are mutually exclusive.
III). If P(A and B) = P(A) + P(B), then P(A) = P(B) = 0.
- A. I only
- B. III only
- C. II & III
Correct Answer: B 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
What is the interest rate risk, in percentage price change, of a semiannual-pay 9%, 15-year bond with an 8.5% yield if rates increase by 60 basis points?
- A. 4.80%
- B. -4.80%
- C. -4.55%
Correct Answer: B 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
No help, Full refund!
Actual4Exams confidently stands behind all its offerings by giving Unconditional "No help, Full refund" Guarantee. Since the time our operations started we have never seen people report failure in the CFA CFA-Level-I exam after using our products. With this feedback we can assure you of the benefits that you will get from our products and the high probability of clearing the CFA-Level-I exam.
We still understand the effort, time, and money you will invest in preparing for your certification exam, which makes failure in the CFA CFA-Level-I exam really painful and disappointing. Although we cannot reduce your pain and disappointment but we can certainly share with you the financial loss.
This means that if due to any reason you are not able to pass the CFA-Level-I actual exam even after using our product, we will reimburse the full amount you spent on our products. you just need to mail us your score report along with your account information to address listed below within 7 days after your unqualified certificate came out.
