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On testing the hypothesis of the exams significance in explaining the level knowledge of candidates taking it....... i fail to reject the hypothesis and conclude that the exam with the way it is currently constructed and timed does not do the job of testing knowledge of what an investment professional is supposed to know or any other advanced finance professional on that note, according to the curriculums learning objective statement objectives.

It is also worth noting that the level two exam is constructed as vignettes and cases and i don't know about the rest of you, but my personal understanding of the difference between a single multiple choice question and a case is that for a case you are supposed to read the entire thing to be able to answer each question on it... and NOT have the page and a half case broken down into six segments that are completely and obviously independent from each other so that all we do is read each paragraph or for instance look at each two liner with an exhibit and go look for the question on this part alone in the 6 multiple choice questions that follow.

like whats the point of having this test in the format of 10 cases in each session with 6 multiple choice question for each case??? you never need to read the whole case as a whole before you start answering questions on it.... and even the ethics questions are in the same way, the whole case theme doesn't serve any purpose

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