That’s when you know you’re ready.
– Level 2 vignettes often have 3-4 exhibits (tables, footnotes, analyst commentary). Novices read Exhibit 1, answer question 1, then return to Exhibit 2 for question 2. Experts read all exhibits once, then attack the questions. Mocks teach this “scan first, then dive” rhythm. cfa level 2 mock questions
– You find a number from the vignette that matches an answer choice, but it’s the wrong number. For example, you use EBITDA instead of EBIT for a valuation multiple because you skimmed too fast. That’s when you know you’re ready