Futures Managed Funds Exam (Series 31) Flashcards
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How many scored questions are on the Series 31 (Futures Managed Funds) exam?
45 scored questions.
How much time are you given to complete the Series 31 exam?
60 minutes (one hour).
What is the passing score for the Series 31 exam?
70%.
What is the registration fee for the Series 31 exam?
$90.
On average, how many minutes do you have per question on the Series 31?
About 1.3 minutes per question — roughly 80 seconds each.
How many questions can you miss on the Series 31 and still pass?
With a 70% passing score on 45 questions, you must answer at least 32 correctly, so you can miss up to 13.
Roughly how many questions must you answer correctly to pass the Series 31?
At least 32 of the 45 scored questions (70%).
How is the Series 31 passing threshold expressed — as a raw count or a percentage?
As a percentage: 70%.
If you budget your time evenly, how many questions should you aim to finish every 10 minutes on the Series 31?
About 7-8 questions per 10 minutes to finish 45 in 60 minutes.
What total exam length (in questions) should you prepare for on the Series 31?
45 scored questions — plan your review around that count.
How long is the Series 31 exam session, stated in hours?
One hour.
Is a score of 68% a passing result on the Series 31?
No — the passing score is 70%, so 68% fails.
What is the combined cost and passing bar you should know before scheduling the Series 31?
A $90 fee and a 70% passing score.
How many correct answers per minute, on average, must you sustain to complete the Series 31 on time?
About 0.75 questions per minute (45 questions ÷ 60 minutes).
Quick-recall summary: what are the four key logistics of the Series 31 exam?
45 scored questions, 60 minutes, 70% to pass, and a $90 fee.