Give aways

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dezert

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Just out of curiosity, the CFA level 1 exam is definitely hard, but there must be some give aways. In your opinion, out of 240 questions, about how many were gifted to you?
 
I lucked out in that the last thing I decided to review the night before the exam was the LIFO/FIFO stuff. The next day, there were a whole bunch of LIFO/FIFO questions on FSA, which is my weakest area (so much rote memorization of dinky details in FSA).

I got too tired after that and decided to pray for fewer questions on deferred taxes and capital vs. operating leases. There were a few lease questions, maybe one deferred tax question, and a whole bunch of corporate finance questions, which is the one part of FSA that I felt pretty good about.

So I don't know about the specific number of questions, but I did feel I lucked out on my weakest section.
 
Portfolio management was very easy. About 10-15 questions that required plug and chug. But this might change in the next exam, so don't take this as a gospel.
 
Don't try to game the exam. It might come back to bite you in the a$$
 
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