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The FRM Exam is practice-oriented, combining theory from core readings with real-world risk management experience. Candidates must understand and apply concepts to diverse, complex issues faced by risk professionals. To prepare, the exam offers samples of past exam questions, reflecting the style and scope of the actual test. Practice Exam #1 includes 80 multiple-choice questions—the same number as the real exam—helping candidates gauge readiness in both knowledge and timing.
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