Is level 1 material testable on level 2?

Is level 1 material testable on level 2? Like specific calucations not shown in the level 2 material.

the level 2 material builds on level 1 material. You will not be tested on the level 1 material. For exampleI it is assumed you already know PV, TVM calculations, but you will not be given problems that ask you to calculate only TVM, PV.

Or if it is repeated at L2 (e.g. Ethics).