CFA's
A) must live and work in the U.S.A.
B) can achieve this designation in one calendar year.
C) must pass three six-hour exams.
D) must take 60 hours of seminars per year to maintain their license.

Question

Quizplus · Accepted Answer

CFA candidates must pass three exams, each of which is six hours long. The exams typically take multiple years to complete, with candidates often studying and testing while working full-time in the finance industry. The other answer choices are incorrect as CFAs can live and work in any country, it takes several years to achieve this designation, and there is no requirement for a certain number of seminar hours for maintaining the license.