Preliminary Reading Assignments Workbook Start here to pass the CFA Level I exam your first time! It is critical that you design a successful study program. There are no short cuts to passing the CFA exam, and pass rates have been falling. It is a tough exam, and you will need to both learn the underlying material and do plenty of practice questions. This workbook is just what the title states. It covers only the Preliminary Reading Assignments for 2005 CFA Level I. It teaches you the basic concepts covered in the Readings and tests your understanding of them, preparing you to move on to more advanced study materials. It includes 250 Concept Check questions, with explanations and references related to specific LOS statements, and is accompanied by a free download test engine that generates mock exams. Use the questions to test your understanding of basic concepts and than start focusing on the more advanced Learning Outcome Statements.