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Exam Review

Key Facts: TOLC-E Exam

36 core

Core questions (13 Logic, 10 Verbal, 13 Math)

CISIA TOLC-E Structure & Syllabus

90 min

Total core exam time (30 min per section)

CISIA TOLC Regulations

+1 / -0.25

Scoring system: +1 correct, -0.25 incorrect, 0 blank

CISIA Regolamento TOLC

€35

Official test registration fee

CISIA Official Portal

1 per month

Maximum retake frequency per calendar month

CISIA TOLC Regulations

30 questions

English assessment section (15 min)

CISIA TOLC-E Structure

The TOLC-E is CISIA's standardized 36-question, 90-minute computer-based admission test for Italian economics and management degree programs, requiring a €35 registration fee. The core scoring system awards +1 for correct answers, -0.25 for incorrect answers, and 0 for omitted questions, with cutoffs and OFA remedial requirements set by each university department.

Sample TOLC-E Practice Questions

Try these sample questions to review concepts for the TOLC-E exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 98+ question experience with AI tutoring.

1Consider the statement: 'Every publicly traded firm in Italy publishes an audited sustainability report.' What is the exact logical negation of this statement?
A.No publicly traded firm in Italy publishes an audited sustainability report.
B.At least one publicly traded firm in Italy does not publish an audited sustainability report.
C.Every private firm in Italy publishes an audited sustainability report.
D.At least one publicly traded firm in Italy publishes an uncertified sustainability report.
Explanation: The logical negation of a universal affirmative statement ('All S are P') is the particular negative ('Some S are not P', or 'At least one S is not P'). A single non-compliant firm is sufficient to disprove the claim that every firm complies.
2A financial regulator establishes the rule: 'If a commercial bank's Tier 1 capital ratio falls below 8%, the regulator mandates an immediate capital injection.' Which of the following statements is logically equivalent to this rule?
A.If the regulator mandates an immediate capital injection, the bank's Tier 1 capital ratio fell below 8%.
B.If the regulator does not mandate an immediate capital injection, the bank's Tier 1 capital ratio did not fall below 8%.
C.If the bank's Tier 1 capital ratio remains at or above 8%, the regulator will not mandate an immediate capital injection.
D.A Tier 1 capital ratio falling below 8% is necessary for the regulator to mandate an immediate capital injection.
Explanation: In formal propositional logic, a conditional statement (P -> Q) is logically equivalent only to its contrapositive (NOT Q -> NOT P). Here, not mandating a capital injection implies the Tier 1 ratio did not fall below 8%.
3Consider two true premises: 1. All chartered accountants in Milan are certified statutory auditors. 2. Some corporate tax advisors in Milan are chartered accountants. Which conclusion necessarily follows?
A.All corporate tax advisors in Milan are certified statutory auditors.
B.Some corporate tax advisors in Milan are certified statutory auditors.
C.All certified statutory auditors in Milan are corporate tax advisors.
D.No certified statutory auditor in Milan is a corporate tax advisor.
Explanation: Since some corporate tax advisors are chartered accountants, and every chartered accountant is a certified statutory auditor, those specific tax advisors who are accountants must also be certified statutory auditors. Therefore, some corporate tax advisors are certified statutory auditors.
4A retail consortium states: 'In the upcoming fiscal quarter, the store network will either implement an automated self-checkout system or hire additional cashiers, but not both.' If the company hires additional cashiers, what must be concluded?
A.The store network will definitely implement an automated self-checkout system.
B.The store network will not implement an automated self-checkout system.
C.The store network's total wage expenditure will decrease.
D.The store network will close underperforming branches.
Explanation: The phrase 'either A or B, but not both' defines an exclusive disjunction (XOR). Because hiring additional cashiers is true, implementing self-checkout must be false.
5An academic regulation states: 'Passing the Microeconomics exam is necessary for a student to register for the Corporate Finance module.' Luca registered for the Corporate Finance module. What must logically follow?
A.Luca passed the Microeconomics exam.
B.Luca failed the Microeconomics exam.
C.Passing Corporate Finance is necessary for Luca to graduate.
D.Luca scored top marks in Microeconomics.
Explanation: When B is a necessary condition for A (A only if B), performing A implies that B has been satisfied (A -> B). Because Luca successfully registered for Corporate Finance, he must have passed Microeconomics.
6According to De Morgan's laws, what is the logical negation of the conjunctive claim: 'The corporation increased its marketing expenditure and reduced its wholesale prices'?
A.The corporation did not increase its marketing expenditure and did not reduce its wholesale prices.
B.The corporation did not increase its marketing expenditure or it did not reduce its wholesale prices.
C.The corporation decreased its marketing expenditure and increased its wholesale prices.
D.If the corporation increased its marketing expenditure, it reduced its wholesale prices.
Explanation: By De Morgan's laws, the negation of a conjunction NOT (P AND Q) is logically equivalent to (NOT P OR NOT Q). Therefore, the negation is that the corporation did not increase marketing expenditure OR did not reduce wholesale prices.
7What is the logical negation of the proposition: 'No monopoly in the telecommunications industry generates economic losses'?
A.Every monopoly in the telecommunications industry generates economic losses.
B.At least one monopoly in the telecommunications industry generates economic losses.
C.Most monopolies in the telecommunications industry generate zero economic profit.
D.No monopoly in the telecommunications industry generates abnormal profits.
Explanation: The statement 'No S is P' is a universal negative proposition. Its contradictory negation is the particular affirmative 'Some S is P' (or 'At least one S is P').
8Five portfolio managers—Aldo, Bianca, Carlo, Dario, and Elena—are ranked strictly from 1st (highest return) to 5th (lowest return), with no ties: - Aldo achieved a higher return than Bianca. - Carlo achieved a higher return than Dario. - Bianca achieved a higher return than Carlo. - Elena did not finish in 5th place. Who finished in 5th place (lowest return)?
A.Bianca
B.Carlo
C.Dario
D.Elena
Explanation: Chaining the returns gives Aldo > Bianca > Carlo > Dario. Dario is ranked behind at least three managers. Since Elena did not finish in 5th place, Dario must be the manager in 5th place.
9A venture capital fund states: 'A start-up receives Series A funding only if it has positive gross margins.' Which of the following situations directly violates this rule?
A.A start-up has positive gross margins and receives Series A funding.
B.A start-up has positive gross margins but does not receive Series A funding.
C.A start-up has negative gross margins and receives Series A funding.
D.A start-up has negative gross margins and does not receive Series A funding.
Explanation: 'P only if Q' means that Q is a necessary condition for P (P -> Q). If a start-up receives Series A funding (P is true) while having negative gross margins (Q is false), the rule is violated.
10Let P be a true proposition, Q be a false proposition, and R be a true proposition. What is the truth value of the compound expression: (P AND NOT Q) -> (NOT R OR Q)?
A.False
B.True
C.Indeterminate without knowing the context
D.True only if R is false
Explanation: Evaluating step-by-step: NOT Q is True, so (P AND NOT Q) = (True AND True) = True. Next, NOT R is False, so (NOT R OR Q) = (False OR False) = False. Finally, True -> False evaluates to False.

About the TOLC-E Exam

The TOLC-E (Test OnLine CISIA - Economia) is Italy's standardized admission examination governed by CISIA for undergraduate entry into Economics, Management, Finance, and Business Administration programs. The official core examination comprises 36 multiple-choice questions delivered over 90 minutes in three strictly timed sections: Logic (13 questions, 30 minutes), Verbal Comprehension (10 questions, 30 minutes), and Mathematics (13 questions, 30 minutes), followed by an English proficiency module (30 questions, 15 minutes). This bank offers 100 independent practice questions designed for foundational mastery across the official syllabus. It is an independent study aid and is not officially affiliated with or endorsed by CISIA.

Exam sponsor: CISIA — Consorzio Interuniversitario Sistemi Integrati per l'Accesso. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

The official test consists of 36 core multiple-choice questions delivered over 90 minutes across three timed sections: Logic (13 questions, 30 min), Verbal Comprehension (10 questions, 30 min), and Mathematics (13 questions, 30 min). This is followed by an English proficiency section of 30 questions in 15 minutes. Scoring for the core test is +1 for correct answers, -0.25 for incorrect answers, and 0 for unanswered questions.

Time Limit

90 minutes (+ 15 minutes for English section)

Passing Score

Scored +1 for correct, -0.25 for wrong, 0 for blank. Ranking cutoffs and OFA thresholds defined by university departments.

Exam / Certification Fees

€35

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

36%

Logic & Logical Reasoning

13 questions testing propositional logic, necessary and sufficient conditions, syllogisms, set theory, relational deductions, and analytical reasoning

36%

Mathematics

13 questions testing numbers, algebraic manipulation, equations and inequalities, analytic geometry, functions, elementary probability, and introductory financial calculations

28%

Verbal Comprehension

10 questions testing reading comprehension, passage synthesis, authorial purpose, vocabulary in context, and inferential logic

Preparing for the TOLC-E Exam

What You Need to Know

  • Passing score: Scored +1 for correct, -0.25 for wrong, 0 for blank. Ranking cutoffs and OFA thresholds defined by university departments.
  • Assessment: The official test consists of 36 core multiple-choice questions delivered over 90 minutes across three timed sections: Logic (13 questions, 30 min), Verbal Comprehension (10 questions, 30 min), and Mathematics (13 questions, 30 min). This is followed by an English proficiency section of 30 questions in 15 minutes. Scoring for the core test is +1 for correct answers, -0.25 for incorrect answers, and 0 for unanswered questions.
  • Time limit: 90 minutes (+ 15 minutes for English section)
  • Exam / certification fees: €35 Official sources

Using Our Practice Resources

  • Work through all 98 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

TOLC-E: Suggested Study Strategy

1Master the -0.25 penalty strategy: since an incorrect answer costs 0.25 points while a correct answer yields 1.0 point, guess only if you can eliminate at least two answer options with confidence.
2Prioritize mathematics fundamentals: quadratic equations, properties of parabolas and lines, inequalities with signs, percentage changes, and classical probability appear heavily.
3Familiarize yourself with strict section timing: you cannot carry over surplus time from Logic into Mathematics or Verbal Comprehension during the official test.
4Practice propositional conditionality: master the difference between 'if A then B' (A is sufficient for B) and 'A only if B' (B is necessary for A), as CISIA frequently uses conditional logic puzzles.
5Read complex non-fiction texts critically: train yourself to identify the central thesis, author stance, and paragraph function under tight time limits (30 minutes for 10 questions across 2 passages).

Frequently Asked Questions

What is the TOLC-E and who administers it?

The TOLC-E is the standardized university entrance test in Italy for undergraduate degrees in Economics, Business Administration, and Management. It is designed and administered by CISIA (Consorzio Interuniversitario Sistemi Integrati per l'Accesso), an academic consortium of Italian universities.

What is the structure and timing of the official TOLC-E exam?

The official core test consists of 36 questions in 90 minutes across three timed sections: Logic (13 questions in 30 minutes), Verbal Comprehension (10 questions in 30 minutes), and Mathematics (13 questions in 30 minutes). An additional 30-question English language assessment (15 minutes) is administered at the end.

How is the TOLC-E scored and is there negative marking?

For the core 36 questions, CISIA applies a standardized scoring rubric: +1 point for each correct answer, -0.25 points for each incorrect answer, and 0 points for unanswered questions. The English section does not apply penalties for wrong answers (scored +1 for correct, 0 for wrong/blank).

What is the registration fee for the TOLC-E?

The registration fee set by CISIA regulations is €35 per attempt, payable online during booking on the official CISIA portal.

Is there a universal passing score for the TOLC-E?

No. There is no single universal passing mark across Italy. Each university and department sets its own admission ranking thresholds and minimum scores to avoid Additional Educational Obligations (Obblighi Formativi Aggiuntivi, or OFA), particularly in mathematics.

Can the TOLC-E be taken remotely or only in person?

CISIA offers two formats: TOLC all'Università (taken on computers in certified university computer labs) and TOLC@CASA (taken remotely from home under live online video proctoring), depending on the university's call for applications.

Are these practice questions affiliated with CISIA?

No. These practice questions are an independent study resource developed by OpenExamPrep to help students practice syllabus concepts. They are not endorsed, sponsored, or verified by CISIA.