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CFAI key words

Hey guys,

I've been reading some posts where people have emphasized learning the key words used in the exams. Like CALCULATE the return requirement, JUSTIFY the statement, FORMULATE, DESCRIBE... How should my answer be different, when they say FORMULATE the IPS and PREPARE the IPS? I don't get it...

Yeah, after doing my 2nd review there have been quite a few EOC's that require you to CALCULATE even though there was no mention of having to do so in the LOS's. Even formulas that are not numbered in the book are used.
The first time through I thought there were about 4 readings with any formulas to memorize, after going back through though, I'm finding there are a lot more. I would plan on at the very least understanding all formulas in the books (numbered or not). Myself, I plan on being able to replicate them on the test.

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bannisja Wrote:
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> in this level maybe more so than any other, i'd be
> prepared to calculate where they use another key
> word or explain when they say calculate.

huh?.

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there is a list of key words on the website, although I dont know what the big fuss is with this unless your first language is not English.

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