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Salt Solutions
2026
CFA 2026 LEVEL II Salt Solutions Mock Exam – 3 sets
The Level 1 exam tested basic knowledge and understanding of concepts and tools pertaining to investment valuation. The CFA Level 2 exam deals with the application of the knowledge learned from Level 1. The Level 2 study material covers in greater depth investment portfolio and management. This material tests your ability to employ these concepts in real-life conditions.
Level 2 is similar to Level 1 with respect to the number of sessions on exam day and the time provided, but it differs in the number of questions and how much weight is assigned to each topic. The Level 2 exam includes 11 items per session, making a total of 22. Each item set includes a case statement with 4 to 6 multiple-choice questions following.
The answers in the vignette must be used to answer the multiple-choice questions in each item. Unlike in the Level 1 exam, the items in Level 2 are not free-standing. Prior to answering each of the items, you will need to refer to the vignettes.
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