written exam

CFA Level III
#1

Guys - some advice on the written exam part.

I see in prior exams that some of the questions ask you to give two specific reasons for a certain level of Risk Tolerance. If I were to give more than two reasons, can I assume that only the first and second reason would be marked, whilst any other reasons ignored.

I assume this is the case but would be good for someone to confirm!

Thanks and good luck with your preparation!

#2

This is correct. Only first 2 reasons will be taken into consideration. If one of them is wrong then the other extra reasons provided will be ignored.

See the last bullet point in Manage Your Time section:

https://www.cfainstitute.org/programs/cfaprogram/candidate/Pages/level_III_essay_exam.aspx

#3

makes perfect sense - thank you!