Use the provided source facts
The questions cite the guide’s selected official mapping or supply an original prompt. They do not reproduce official exam questions, assign an official mock score or infer an unlisted administration’s rules.
Identify the missing assumption
Wrong alternatives collapse distinct year labels or omit a requested response part. Explain the source or prompt distinction before trying to memorize a replacement answer.
Try the questions
CFP Board’s current table assigns March 2026 to which tested tax rates/law year?
- A.
2025
- B.
2026 for every 2026 administration
- C.
2027
Answer and explanation
Answer: A
The administration year and tested tax year can differ.
- A
This is the published mapping for that administration.
- B
The calendar-year shortcut contradicts the table.
- C
No such mapping is supplied.
Which record best establishes the CAIA curriculum edition to use?
- A.
The intended exam calendar year and current official edition guidance
- B.
The year a folder was renamed
- C.
Any previous edition because all topics remain fixed
Answer and explanation
Answer: A
Match the source identity to the assessment cycle.
- A
These identify the relevant tested scope.
- B
A filename change does not update content.
- C
The authority updates the curriculum annually.
A teaching prompt asks for TVPI and whether all reported value is cash returned. What makes the response complete?
- A.
Only the multiple
- B.
The calculation plus an evidence-based cash/residual distinction
- C.
A long general description of private equity
Answer and explanation
Answer: B
Use the relevant supplied amounts and labels.
- A
This omits the interpretation request.
- B
Both requested actions receive an answer.
- C
Length does not ensure the two tasks are answered.