For 2021 exam takers - Please address my query! While preparing for November 2021, I noticed that the mock exam had questions without the normal 3 options that are provided (one of which needs to be justified) in AM exam. Was that the case on Exam day as well or it was their usual pattern?

The CFA Level 3 AM exam is constructed-response, so it wouldn't have multiple-choice answers.

I'm not sure if I'm understanding your question correctly. Constructed-response questions can take on multiple formats, so I'm not sure if there is a 'pattern' to rely on.

CFA L3 2021 Exam Pattern - CFA Level 3

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This topic has 3 replies, 2 voices, and was last updated Mar-22 by Zee Tan.

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- Cervaza567
  Participant
  - CFA Level 3
  07 Jan 2022 at 1:17 pm
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  For 2021 exam takers – Please address my query!
  
  While preparing for November 2021, I noticed that the mock exam had questions without the normal 3 options that are provided (one of which needs to be justified) in AM exam. Was that the case on Exam day as well or it was their usual pattern?
- Zee Tan
  Keymaster
  - CFA Charterholder
  07 Jan 2022 at 7:38 pm
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  The CFA Level 3 AM exam is constructed-response, so it wouldn’t have multiple-choice answers.
- Cervaza567
  Participant
  - CFA Level 3
  25 Mar 2022 at 8:59 am
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  I understand that. But earlier the Institute used to provide options in the morning session as well. We had to select one of those and justify our response. Now the pattern has been changed.
  - Zee Tan
    Keymaster
    
    CFA Charterholder
    26 Mar 2022 at 7:56 pm
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    I’m not sure if I’m understanding your question correctly. Constructed-response questions can take on multiple formats, so I’m not sure if there is a ‘pattern’ to rely on.
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