A final examination, annual, exam, or final is a test given to students at the end of a course of study or training. Although the term can be used in the context of physical training, it most often occurs in the academic world. Most high schools, colleges, and universities run final exams at the end of a particular academic term, typically a quarter or semester, or more traditionally at the end of a complete degree course.
Read more about Final Examination: Isolated Purpose and Common Practice, Take-home Finals, Schedule
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