IAR Cheat Sheet 2026

The 30 highest-yield IAR facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. Rica stands at a height of 3.22 meters. Rica's height in centimeters is → 32.2 cm
2. What is 731 rounded to the nearest hundred? → 700
3. What is the MOST effective way for new IAR professionals to build competency? → Combining formal education, mentored practice, and ongoing professional development
4. A story is told using 'I' and 'we,' sharing only what one character knows. This is which point of view? → First person
5. A IAR professional discovers a conflict of interest. What is the MOST ethical action? → Disclose immediately and recuse if necessary
6. A recipe for 4 servings uses 3 cups of flour. How much flour is needed for 10 servings? → 7.5 cups
7. Which of the following numbers is the mystery number? → 8
8. A triangle has angles of 50° and 60°. What is the measure of the third angle? → 70°
9. When a IAR professional makes an error in documentation, the CORRECT procedure is to: → Draw a single line through the error, initial, date, and write the correction
10. A bag has 4 red, 3 blue, and 5 green marbles. What is the probability of drawing a blue marble? → 1/4
11. Which sentence uses quotation marks correctly? → "Let's go," she said.
12. Which terms should be capitalized in the list? → japan, korea, thailand, algeria, singapore
13. We saw a ______ house in my Aunt's farm. → tiny
14. In Investment Adviser Representative practice, what is the FIRST step when a safety hazard is identified in the workplace? → Immediately secure the area and report the hazard
15. What is the MOST important principle of professional documentation in Investment Adviser Representative practice? → Recording information accurately, objectively, and in a timely manner
16. Which risk management approach is MOST effective for IAR professionals when evaluating potential workplace hazards? → Proactive hazard identification and assessment
17. Which two kitchen task take a total of exactly one and a half hours? → Cake and Steamed Tuna
18. A taxi charges $3.00 plus $2.50 per mile. A rider paid $18.00. How many miles was the trip? → 6 miles
19. Who enforces anti-money laundering laws? → FINCEN and SEC
20. We handed our gift to our mother. _______ was very grateful when she saw it. What is the missing word? → She
21. In a drama, stage directions describe a character slamming a door. These directions mainly help the reader understand what? → The character's emotions and actions on stage
22. If the probability of rain is 0.3, what is the probability it does not rain? → 0.7
23. Which statement BEST describes the relationship between Investment Adviser Representative certification and industry evolution? → Requirements evolve periodically to reflect advances in knowledge and practice
24. Which of the following BEST describes systematic risk? → Market-wide risk that affects all securities and cannot be diversified away
25. The efficient frontier in Modern Portfolio Theory represents portfolios that: → Maximize expected return for a given level of risk
26. The expression below was written by Crissa. (1 x 3) + (3 x 5) Which of the following is a different method to show Crissa's expression? → 9x2
27. What is required in Form ADV? → Adviser business details
28. After visiting her son in to the hospital, mrs. Swan gave us a letter for our teacher. Which of the words underlined should be capitalized? → mrs. Swan
29. Which of the following sentences is incorrectly punctuated? → You look fab in your dress?
30. Each month has 30 days: April, June, September, and November. How many days are there in total in the four months? → 120