CFA Level I Mock Exam – Full Paper
Prepared for Commercial Distribution
(EXAM DATE: 20th MAY- 26th MAY, 2025)
ARE YOU STRUGGLING WITH YOUR ASSIGNMENTS AND DEADLINES
WORRY NO MORE!! WITH A PROVEN TRACK RECORD OF
PROFESSIONALISM AND EXCELLENT PERFORMANCE INDEX, CONTACT
US VIA THE EMAIL BELOW.
THANK ME LATER!!
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1
, INSTRUCTIONS
• This exam consists of 60 multiple choice questions (MCQs).
• Duration: 90 Minutes
• Choose the best answer for each question.
• No penalty for incorrect answers.
• Calculators are allowed.
Questions:
1. 1. According to the CFA Institute Code of Ethics, CFA members must:
A. Maximize profits for their clients regardless of the law.
B. Place client interests above their own.
C. Always follow local law over the CFA Code.
D. Avoid taking any investment risks.
Answer: B
2. 2. The future value of $1,000 invested at 6% annual interest for 3 years is closest to:
A. $1,180
B. $1,191
C. $1,200
D. $1,215
Answer: B
3. 3. An increase in interest rates is most likely to:
A. Stimulate economic growth.
B. Reduce the cost of borrowing.
C. Decrease consumer spending.
D. Increase inflation.
Answer: C
4. 4. Under IFRS, interest paid can be classified as:
2
Prepared for Commercial Distribution
(EXAM DATE: 20th MAY- 26th MAY, 2025)
ARE YOU STRUGGLING WITH YOUR ASSIGNMENTS AND DEADLINES
WORRY NO MORE!! WITH A PROVEN TRACK RECORD OF
PROFESSIONALISM AND EXCELLENT PERFORMANCE INDEX, CONTACT
US VIA THE EMAIL BELOW.
THANK ME LATER!!
by
Unk
no
wn
Aut
hor
is
lice
nse
d
und
er
1
, INSTRUCTIONS
• This exam consists of 60 multiple choice questions (MCQs).
• Duration: 90 Minutes
• Choose the best answer for each question.
• No penalty for incorrect answers.
• Calculators are allowed.
Questions:
1. 1. According to the CFA Institute Code of Ethics, CFA members must:
A. Maximize profits for their clients regardless of the law.
B. Place client interests above their own.
C. Always follow local law over the CFA Code.
D. Avoid taking any investment risks.
Answer: B
2. 2. The future value of $1,000 invested at 6% annual interest for 3 years is closest to:
A. $1,180
B. $1,191
C. $1,200
D. $1,215
Answer: B
3. 3. An increase in interest rates is most likely to:
A. Stimulate economic growth.
B. Reduce the cost of borrowing.
C. Decrease consumer spending.
D. Increase inflation.
Answer: C
4. 4. Under IFRS, interest paid can be classified as:
2
