Exam format for level 2 understand, remember, provided, question, related

draz

Hi,
I have a question related to the exam format for level 2. I understand that each item set contains 6 questions and each exam contains 10 item sets. Does anyone know if the exam would explicitly state what this item set is about (e.g. Equity, Fixed Income, ethic etc)?
I remember seeing some posts saying that the item sets are not explicitly categorized, but a friend of mine told me that the mock exam provided by CFA does explicitly list out what each item set is for.
Thanks!

kkn006

^Word.
You can count on one ethics vignette in both morning and afternoon.
And since accounting/corporate finance/equity (I view these all more or less together) make up about 50% of the exam, you can expect a healthy dose of them in both the morning and afternoon.

cv4cfa

I think Level 2 is relatively straight forward, you will likely find all the topics in the cirriculum.
Say if you see a stat question in the morning, you won’t see it in the afternoon. and if you don’t see alternative investment in the morning, it’s likely you will see it in the afternoon (this is an example i didn’t take level 2 this year, so don’t sue me So this way, you can kinda study during lunch for topics you didn’t see in the morning, if you’re one of the keeners.
But as for accounting/ equity/ corp fin, they will DEFINITELY and are likely to show up on both parts of the exam either explicitly or inexplicitly, and those topics are examined interchangeably i feel. they sometimes throw an econ question in an accounting vignette as well.