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CFA Level I Exam is comprised of 240 multiple-choice questions that test a candidate's knowledge and understanding of fundamental concepts in finance, economics, accounting, and ethics. Candidates are given six hours to complete the exam, which is split into two three-hour sessions. CFA-Level-I-KR exam is computer-based, and candidates receive their results within 60 days of taking the test.

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Reference: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam