Series 31 Practice Exam.
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1. An exam candidate has exactly one hour blocked off on their calendar for the Series 31 test session. Assuming they use the full allotted testing time, how long does the exam last?
- A. 45 minutes
- B. 60 minutes
- C. 90 minutes
- D. 120 minutes
Show answer & explanation
Answer: B
Candidates are given 60 minutes (one hour) to complete the Series 31 examination. Awareness of the time limit is essential for pacing.2. A study group is comparing exam costs. If two candidates each register for the Series 31 examination, what is the combined total of their exam fees?
- A. $90
- B. $150
- C. $180
- D. $240
Show answer & explanation
Answer: C
The Series 31 exam fee is $90 per candidate. For two candidates, the combined fee is $90 × 2 = $180. This is an inference based on the stated per-exam fee.3. A candidate is budgeting for the Series 31 qualification exam. Based on the published fee, how much should the candidate expect to pay to sit for the exam?
- A. $45
- B. $75
- C. $90
- D. $115
Show answer & explanation
Answer: C
The published cost to take the Series 31 exam is $90. The other amounts are not the stated fee.4. A candidate needs to know the minimum result required to pass the Series 31 exam. What passing score must the candidate achieve?
- A. 60%
- B. 65%
- C. 70%
- D. 75%
Show answer & explanation
Answer: C
The passing score for the Series 31 exam is 70%.5. A candidate has 60 minutes to answer 45 scored questions on the Series 31 exam. Approximately how much average time is available per scored question?
- A. About 40 seconds per question
- B. About 80 seconds per question
- C. About 2 minutes per question
- D. About 3 minutes per question
Show answer & explanation
Answer: B
Dividing 60 minutes (3,600 seconds) by 45 scored questions gives roughly 80 seconds per question. This is a calculation based on the stated duration and question count.6. Two candidates plan to sit for the Series 31 exam. What is the combined total of their exam fees, based on the published cost?
- A. $90
- B. $135
- C. $180
- D. $225
Show answer & explanation
Answer: C
Each Series 31 exam costs $90, so two candidates pay 2 × $90 = $180. This total is derived from the stated per-candidate fee.7. How many scored questions appear on this qualification exam?
- A. 40
- B. 45
- C. 50
- D. 60
Show answer & explanation
Answer: B
The exam contains 45 scored questions. The other counts are incorrect.8. A candidate failed on the first attempt and must register again to retake the exam. Ignoring any waiting-period rules, what additional fee is incurred for the second sitting?
- A. $45
- B. $70
- C. $90
- D. $0, retakes are free
Show answer & explanation
Answer: C
Each sitting requires the $90 registration fee, so retaking the exam costs an additional $90. This applies the stated per-exam fee.9. A candidate is budgeting for licensing costs and asks what the enrollment fee is for the exam. Which amount is correct?
- A. $60
- B. $90
- C. $115
- D. $175
Show answer & explanation
Answer: B
The stated cost of the exam is $90. The other amounts are common distractor fee levels but are not the correct figure for this exam.10. How many scored questions must a candidate answer on this exam?
- A. 35 questions
- B. 40 questions
- C. 45 questions
- D. 50 questions
Show answer & explanation
Answer: C
The exam consists of 45 scored questions. The other counts do not match the published question total.11. A candidate wants to know the minimum result needed to pass the exam. What is the passing score?
- A. 65%
- B. 68%
- C. 70%
- D. 72%
Show answer & explanation
Answer: C
The passing score is 70%. The nearby percentages are plausible-looking distractors but are not the established threshold.12. How much time is allotted to complete the exam?
- A. 45 minutes
- B. 60 minutes
- C. 90 minutes
- D. 120 minutes
Show answer & explanation
Answer: B
Candidates are given one hour, i.e., 60 minutes, to complete the exam. The other durations do not match the published time limit.13. Given the exam's total number of scored questions and its passing threshold, what is the minimum number of questions a candidate must answer correctly to pass?
- A. 29 questions
- B. 30 questions
- C. 32 questions
- D. 36 questions
Show answer & explanation
Answer: C
With 45 scored questions and a 70% passing score, a candidate needs at least 0.70 × 45 = 31.5 correct, which rounds up to 32 questions. This is an inference combining the question count and the passing threshold.14. If a candidate uses the full time limit and spreads it evenly across every scored question, approximately how much time is available per question?
- A. About 0.75 minutes each
- B. About 1.3 minutes each
- C. About 2.0 minutes each
- D. About 3.0 minutes each
Show answer & explanation
Answer: B
Dividing 60 minutes by 45 scored questions gives roughly 1.33 minutes per question. This is an inference from the duration and the question count.15. A candidate answers 30 of the scored questions correctly. Based on the passing threshold, what is the outcome?
- A. Pass, because 30 correct exceeds the required percentage
- B. Fail, because 30 correct is below the required percentage
- C. Pass, because any score above half is sufficient
- D. The outcome cannot be determined from the information given
Show answer & explanation
Answer: B
Passing requires 70% of 45 questions, which is 31.5 (at least 32 correct). Since 30 correct is 30/45 ≈ 66.7%, it falls below 70% and the candidate fails. This inference combines the question count and passing threshold.16. Two candidates register and each pays the standard exam fee. What is the combined total they pay in fees?
- A. $90
- B. $135
- C. $180
- D. $225
Show answer & explanation
Answer: C
The exam fee is $90 per candidate, so two candidates pay 2 × $90 = $180. This is an inference from the single-candidate fee.17. Which of the following correctly pairs an exam parameter with its published value?
- A. Duration — 90 minutes
- B. Passing score — 75%
- C. Number of scored questions — 45
- D. Fee — $120
Show answer & explanation
Answer: C
The only correctly paired parameter is the number of scored questions, which is 45. The duration is 60 minutes, the passing score is 70%, and the fee is $90, so the other pairings are wrong.18. A candidate has completed 45 minutes of the exam. Based on the total time allotted, how much time remains?
- A. 5 minutes
- B. 15 minutes
- C. 30 minutes
- D. 45 minutes
Show answer & explanation
Answer: B
The exam allows 60 minutes total. After 45 minutes, 60 − 45 = 15 minutes remain. This is an inference from the total duration.19. A candidate is budgeting time for the Series 31 exam. According to the exam's published parameters, how much time is allotted to complete the exam?
- A. 45 minutes
- B. 60 minutes
- C. 90 minutes
- D. 120 minutes
Show answer & explanation
Answer: B
The Series 31 exam allots 60 minutes (one hour) to complete the exam.20. How many scored questions appear on the Series 31 exam?
- A. 30 scored questions
- B. 40 scored questions
- C. 45 scored questions
- D. 50 scored questions
Show answer & explanation
Answer: C
The Series 31 exam contains 45 scored questions.21. A candidate answers 30 of the 45 scored questions correctly. Based solely on the exam's published passing standard, what is the outcome?
- A. Pass, because any score above half is passing
- B. Fail, because 30 correct is below the 70% passing threshold
- C. Pass, because 30 correct exceeds the required minimum
- D. The outcome cannot be determined from a raw score
Show answer & explanation
Answer: B
The passing score is 70%. With 45 scored questions, 30 correct is roughly 67%, which falls below the 70% standard, so the result is a fail. This is reasoning over the stated passing score and question count.22. What minimum percentage of scored questions must a candidate answer correctly to pass the Series 31 exam?
- A. 60%
- B. 65%
- C. 70%
- D. 75%
Show answer & explanation
Answer: C
The published passing score for the Series 31 exam is 70%.23. A candidate is estimating the registration cost before scheduling the Series 31 exam. What is the published fee?
- A. $60
- B. $90
- C. $120
- D. $175
Show answer & explanation
Answer: B
The cost of the Series 31 exam is $90.24. A candidate has 60 minutes to answer 45 scored questions on the Series 31 exam. On average, how much time is available per scored question?
- A. Slightly more than one minute per question
- B. Exactly three minutes per question
- C. Less than 30 seconds per question
- D. Exactly five minutes per question
Show answer & explanation
Answer: A
With 60 minutes for 45 scored questions, the average time is 60/45, which is about 1.33 minutes — slightly more than one minute per question. This is reasoning over the stated duration and question count.25. To meet the 70% passing standard on the Series 31 exam's 45 scored questions, approximately how many questions must a candidate answer correctly?
- A. About 27
- B. About 32
- C. About 38
- D. All 45
Show answer & explanation
Answer: B
70% of 45 scored questions is 31.5, so a candidate needs approximately 32 correct answers to reach the passing standard. This is reasoning over the stated passing score and question count.26. Which of the following correctly pairs two published parameters of the Series 31 exam?
- A. 45 scored questions and a $90 fee
- B. 50 scored questions and a $60 fee
- C. 45 scored questions and a $175 fee
- D. 40 scored questions and a $90 fee
Show answer & explanation
Answer: A
The Series 31 exam has 45 scored questions and a $90 fee.27. A candidate who fails the Series 31 exam must pay to retake it. Based on the published fee, what amount should the candidate budget for a single retake attempt?
- A. $45
- B. $90
- C. $135
- D. $180
Show answer & explanation
Answer: B
The published cost of the Series 31 exam is $90, which applies to an exam attempt. This is reasoning that the per-attempt fee equals the stated exam cost.28. A candidate must miss no more than a certain number of the 45 scored questions to still pass at the 70% standard. Approximately how many scored questions can be missed while still passing?
- A. About 13
- B. About 20
- C. About 27
- D. About 5
Show answer & explanation
Answer: A
Passing requires about 32 correct out of 45 (70% of 45 is 31.5), which means a candidate can miss roughly 13 scored questions and still pass. This is reasoning over the stated passing score and question count.29. A candidate is scheduling the exam and wants to know how the score will be evaluated. What is the minimum percentage of scored questions that must be answered correctly to pass?
- A. 60%
- B. 65%
- C. 70%
- D. 75%
Show answer & explanation
Answer: C
The passing score for the exam is 70%, so a candidate must answer at least 70% of the scored questions correctly to pass.30. How many scored questions must a candidate work through on this exam?
- A. 35 scored questions
- B. 40 scored questions
- C. 45 scored questions
- D. 50 scored questions
Show answer & explanation
Answer: C
The exam consists of 45 scored questions.31. A registered representative budgets time for the exam appointment. What is the total time allotted to complete the exam?
- A. 45 minutes
- B. 60 minutes
- C. 90 minutes
- D. 120 minutes
Show answer & explanation
Answer: B
Candidates are given one hour — 60 minutes — to complete the exam.32. What is the enrollment fee charged to sit for the exam?
- A. $60
- B. $75
- C. $90
- D. $115
Show answer & explanation
Answer: C
The cost to take the exam is $90.33. To pass the exam, a candidate must answer at least 70% of 45 scored questions correctly. What is the minimum number of questions that must be answered correctly (rounding up to a whole question)?
- A. 29 questions
- B. 30 questions
- C. 32 questions
- D. 34 questions
Show answer & explanation
Answer: C
70% of 45 scored questions equals 31.5. Since a candidate cannot answer a partial question correctly, at least 32 correct answers are needed to reach the 70% threshold.34. A candidate answers 31 of the 45 scored questions correctly. Based on the passing standard, what is the outcome?
- A. Pass, because 31 correct exceeds the required threshold
- B. Fail, because 31 correct is below the 70% threshold
- C. Pass, because any score above 65% passes
- D. The result cannot be determined without knowing unscored questions
Show answer & explanation
Answer: B
Passing requires 70% of 45 scored questions, which is 31.5 — so at least 32 correct answers are needed. A score of 31 correct is below that threshold and does not pass.35. A candidate has 60 minutes to answer 45 scored questions. On average, approximately how much time is available per question if the time is divided evenly?
- A. About 0.5 minutes per question
- B. About 1.3 minutes per question
- C. About 2 minutes per question
- D. About 3 minutes per question
Show answer & explanation
Answer: B
Dividing 60 minutes by 45 scored questions yields approximately 1.33 minutes per question, making the answer closest to 1.3 minutes each.36. Which of the following correctly pairs two administrative parameters of the exam?
- A. 70% passing score and a $75 fee
- B. 70% passing score and a 60-minute time limit
- C. 75% passing score and a 60-minute time limit
- D. 70% passing score and a 90-minute time limit
Show answer & explanation
Answer: B
The exam has a passing score of 70% and a time limit of 60 minutes (one hour). The other combinations misstate one or both values.37. A firm reimburses a representative for the exam enrollment cost. If two representatives each take the exam once, what is the combined enrollment cost the firm reimburses?
- A. $90
- B. $135
- C. $180
- D. $225
Show answer & explanation
Answer: C
The exam costs $90 per candidate. For two representatives each taking it once, the combined cost is $90 × 2 = $180.38. A candidate claims that answering 40 of the 45 scored questions correctly is not enough to pass. Is this claim accurate, and why?
- A. Accurate — 40 correct is below the 70% threshold
- B. Inaccurate — 40 correct is roughly 89%, well above the 70% passing score
- C. Accurate — a candidate must answer all 45 correctly
- D. Inaccurate — the passing score is only measured in raw points, not percentages
Show answer & explanation
Answer: B
The passing score is 70%. Answering 40 of 45 scored questions correctly is about 89%, which exceeds the 70% threshold, so the claim that it is insufficient is inaccurate.39. A candidate is preparing to sit for the Series 31 (Managed Futures Fund) examination. How many scored questions must the candidate expect to answer?
- A. 35 scored questions
- B. 45 scored questions
- C. 60 scored questions
- D. 75 scored questions
Show answer & explanation
Answer: B
The Series 31 examination consists of 45 scored questions. Knowing the structure of the exam helps candidates budget their time appropriately.40. To become qualified via the Series 31 examination, what is the minimum score a candidate must achieve to pass?
- A. 65 percent
- B. 70 percent
- C. 72 percent
- D. 75 percent
Show answer & explanation
Answer: B
The passing score for the Series 31 examination is 70%. A candidate scoring below this threshold does not qualify.41. A firm is calculating the enrollment cost for a new associate who must take the Series 31 examination. What is the fee for the exam?
- A. $60
- B. $75
- C. $90
- D. $120
Show answer & explanation
Answer: C
The cost of the Series 31 examination is $90. Firms often budget for these registration fees when onboarding new associates.42. A candidate answered 32 of the 45 scored questions correctly on the Series 31 exam. Based solely on the exam's passing threshold, did the candidate pass?
- A. Yes — 32 correct is approximately 71%, which meets the 70% passing standard
- B. No — 32 correct falls below the required number to reach 70%
- C. Yes — any score above 50% is a pass
- D. Cannot be determined without knowing the fee paid
Show answer & explanation
Answer: A
With a 70% passing score on 45 scored questions, a candidate needs at least 31.5 (effectively 32) correct answers. Since 32 of 45 is about 71.1%, the candidate meets the 70% threshold. This is reasoning applied over the stated question count and passing score.43. A candidate wants to know the average amount of time available per scored question on the Series 31 exam if the time were divided evenly across all scored items. Which figure is closest?
- A. About 30 seconds per question
- B. About 80 seconds per question
- C. About 2 minutes per question
- D. About 3 minutes per question
Show answer & explanation
Answer: B
The exam provides 60 minutes (3,600 seconds) for 45 scored questions. Dividing 3,600 by 45 yields 80 seconds per question. This is an inference over the stated duration and question count.44. On the Series 31 examination, what is the maximum number of scored questions a candidate can answer incorrectly and still pass?
- A. 9 questions
- B. 13 questions
- C. 18 questions
- D. 22 questions
Show answer & explanation
Answer: B
With 45 scored questions and a 70% passing score, a candidate must answer at least 32 correctly (70% of 45 is 31.5, rounded up to 32). That leaves a maximum of 13 questions that may be answered incorrectly. This is reasoning over the stated question count and passing threshold.45. Which of the following correctly pairs the Series 31 exam's time limit with its total number of scored questions?
- A. 90 minutes for 45 scored questions
- B. 60 minutes for 60 scored questions
- C. 60 minutes for 45 scored questions
- D. 45 minutes for 45 scored questions
Show answer & explanation
Answer: C
The Series 31 examination pairs a 60-minute time limit with 45 scored questions. Both figures come directly from the exam's published specifications.46. A candidate reviewing the Series 31 exam specifications wants to confirm the passing standard expressed as a fraction of scored questions. Approximately how many of the 45 scored questions must be answered correctly to meet the 70% passing score?
- A. At least 27 of 45
- B. At least 32 of 45
- C. At least 38 of 45
- D. All 45 of 45
Show answer & explanation
Answer: B
A 70% passing score applied to 45 scored questions requires 31.5 correct answers; since partial questions are not possible, a candidate must answer at least 32 correctly. This is reasoning over the stated question count and passing score.47. An examinee wants to know how long they will have at the testing center to work through the Series 31 exam. What is the allotted time?
- A. 30 minutes
- B. 60 minutes
- C. 90 minutes
- D. 120 minutes
Show answer & explanation
Answer: B
The Series 31 exam allots one hour, which equals 60 minutes, to complete the exam.48. How many scored questions must a candidate answer on the Series 31 exam?
- A. 35 scored questions
- B. 40 scored questions
- C. 45 scored questions
- D. 50 scored questions
Show answer & explanation
Answer: C
The Series 31 exam consists of 45 scored questions.49. Given the passing score and the number of scored questions on the Series 31 exam, what is the minimum number of scored questions a candidate must answer correctly to pass?
- A. 27 questions
- B. 30 questions
- C. 32 questions
- D. 36 questions
Show answer & explanation
Answer: C
With 45 scored questions and a 70% passing threshold, 45 × 0.70 = 31.5, so a candidate must answer at least 32 questions correctly to reach 70%. This is a calculation derived from the stated question count and passing score.50. A candidate answered 30 of the 45 scored questions correctly on the Series 31 exam. Did the candidate pass, given the required passing score?
- A. Yes, because 30 correct exceeds the 70% threshold
- B. Yes, because any score above half is passing
- C. No, because 30 of 45 is about 67%, below the 70% threshold
- D. No, because a minimum of 40 correct is always required
Show answer & explanation
Answer: C
30 correct out of 45 scored questions is about 66.7%, which falls short of the 70% passing score, so the candidate does not pass. This conclusion is derived from the stated passing score and question count.51. A candidate wants to confirm the format details of the Series 31 exam. Which of the following correctly pairs the number of scored questions with the time limit?
- A. 45 scored questions in 60 minutes
- B. 60 scored questions in 45 minutes
- C. 45 scored questions in 90 minutes
- D. 90 scored questions in 60 minutes
Show answer & explanation
Answer: A
The Series 31 exam consists of 45 scored questions to be completed within a 60-minute time limit. The other pairings misstate one or both figures.52. A candidate scores exactly 70% on the Series 31 exam. Based on the published passing standard, what is the outcome?
- A. The candidate fails because 70% is below the required minimum
- B. The candidate passes because 70% meets the passing score
- C. The result is inconclusive and requires a retake
- D. The candidate must also complete a time-based bonus section
Show answer & explanation
Answer: B
The passing score for the Series 31 exam is 70%, so a candidate who scores exactly 70% meets the standard and passes. This follows directly from the stated passing threshold.53. A candidate is budgeting for the qualification exam covering trading, customer accounts, and prohibited activities. What is the registration fee for this exam?
- A. $60
- B. $90
- C. $120
- D. $300
Show answer & explanation
Answer: B
The published cost of the exam is $90. The other amounts are not the stated fee.54. A candidate preparing for this exam wants to know the minimum percentage of scored questions that must be answered correctly to pass. Which figure is correct?
- A. 65%
- B. 68%
- C. 70%
- D. 75%
Show answer & explanation
Answer: C
The passing score for this exam is 70%. The other percentages do not match the published requirement.55. A candidate has been allotted the full time window to complete this exam. How many minutes does the candidate have?
- A. 45 minutes
- B. 60 minutes
- C. 90 minutes
- D. 120 minutes
Show answer & explanation
Answer: B
Candidates are given one hour, i.e., 60 minutes, to complete the exam.56. With 45 scored questions and a 70% passing threshold, what is the minimum number of questions a candidate must answer correctly to pass (rounding up to the next whole question)?
- A. 30
- B. 31
- C. 32
- D. 34
Show answer & explanation
Answer: C
70% of 45 is 31.5; because a candidate cannot answer a fraction of a question correctly, at least 32 correct answers are required. This is derived from the 45-question count and the 70% passing score.57. A candidate must answer 45 scored questions within the 60-minute limit. On average, approximately how much time is available per question?
- A. About 40 seconds
- B. About 80 seconds
- C. About 2 minutes
- D. About 3 minutes
Show answer & explanation
Answer: B
60 minutes equals 3,600 seconds; divided across 45 questions yields about 80 seconds per question. This follows from the question count and time limit.58. A candidate answered 30 of the 45 scored questions correctly. Given the passing threshold, what is the result?
- A. Pass, because 30 correct exceeds the requirement
- B. Fail, because the score is below 70%
- C. Pass, because any score above half is sufficient
- D. The result cannot be determined from the information given
Show answer & explanation
Answer: B
30 of 45 is about 66.7%, which is below the 70% passing score, so the candidate fails. This applies the passing score to the question count.59. Two candidates each register and sit for the exam. What is the combined total of the registration fees they pay?
- A. $90
- B. $120
- C. $180
- D. $270
Show answer & explanation
Answer: C
Each registration costs $90, so two registrations total $180. This is derived from the single-exam fee.60. A candidate wants to pace the exam so that roughly half the questions are completed by the time half the allotted time has elapsed. After how many minutes should about 22 or 23 questions be completed?
- A. 15 minutes
- B. 30 minutes
- C. 45 minutes
- D. 60 minutes
Show answer & explanation
Answer: B
The full time allotment is 60 minutes, so the midpoint is 30 minutes, by which roughly half of the 45 questions should be done. This reasons over the 60-minute limit and 45-question count.61. A candidate is budgeting for the Series 31 exam. What is the exam fee?
- A. $60
- B. $90
- C. $120
- D. $45
Show answer & explanation
Answer: B
The Series 31 exam fee is $90.62. How many scored questions appear on the Series 31 examination?
- A. 35 questions
- B. 40 questions
- C. 45 questions
- D. 50 questions
Show answer & explanation
Answer: C
The Series 31 exam consists of 45 scored questions.63. A test-taker sits for the Series 31 exam. How much time is allotted to complete it?
- A. 45 minutes
- B. 60 minutes
- C. 90 minutes
- D. 120 minutes
Show answer & explanation
Answer: B
Candidates are given 60 minutes (one hour) to complete the Series 31 exam.64. What minimum score must a candidate achieve to pass the Series 31 exam?
- A. 65 percent
- B. 70 percent
- C. 72 percent
- D. 75 percent
Show answer & explanation
Answer: B
A candidate must score 70% to pass the Series 31 exam.65. On the Series 31 exam of 45 scored questions with a 70% passing threshold, what is the minimum number of questions a candidate must answer correctly to pass?
- A. 30 questions
- B. 31 questions
- C. 32 questions
- D. 34 questions
Show answer & explanation
Answer: C
With 45 scored questions, 70% equals 31.5 correct answers. Since partial answers are impossible, a candidate must answer at least 32 questions correctly to reach the 70% threshold.66. A candidate has 60 minutes to answer 45 scored questions on the Series 31 exam. Approximately how much average time is available per question?
- A. About 1 minute and 20 seconds
- B. About 2 minutes
- C. About 45 seconds
- D. About 3 minutes
Show answer & explanation
Answer: A
Dividing 60 minutes by 45 questions yields roughly 1.33 minutes, or about 1 minute and 20 seconds, per question on average.67. Which of the following correctly pairs the Series 31 exam's question count with its passing score?
- A. 40 questions; 75% to pass
- B. 45 questions; 70% to pass
- C. 50 questions; 70% to pass
- D. 45 questions; 72% to pass
Show answer & explanation
Answer: B
The Series 31 exam contains 45 scored questions and requires a passing score of 70%.68. A candidate answers 30 of the 45 scored questions correctly on the Series 31 exam. Given the passing standard, what is the outcome?
- A. Pass, because 30 correct exceeds the required threshold
- B. Fail, because 30 correct is below 70% of 45
- C. Pass, because any score above 60% passes
- D. Fail, because a perfect score is required
Show answer & explanation
Answer: B
70% of 45 questions is 31.5, meaning at least 32 correct answers are needed. A score of 30 correct is below this threshold, so the candidate fails.69. Two candidates each register for the Series 31 exam. What is the combined total of the exam fees they will pay?
- A. $90
- B. $120
- C. $180
- D. $200
Show answer & explanation
Answer: C
Each Series 31 registration costs $90, so two registrations total $180.70. Which statement about the structure and standards of the Series 31 exam is accurate?
- A. The exam has 45 scored questions, must be completed in 60 minutes, and requires a 70% score to pass.
- B. The exam has 60 scored questions, must be completed in 45 minutes, and requires a 70% score to pass.
- C. The exam has 45 scored questions, must be completed in 90 minutes, and requires a 75% score to pass.
- D. The exam has 45 scored questions, must be completed in 60 minutes, and requires an 80% score to pass.
Show answer & explanation
Answer: A
The Series 31 exam consists of 45 scored questions, allots 60 minutes for completion, and requires a passing score of 70%.