The Series 24 examination is a three hour 150 multiple-choice question exam which is taken in one sitting. The cost of the examination is approximately $105.00 (as of 9/26/10).

The exam covers the five following sections:

1. Supervision of Investment Banking, Underwriting Activities and Research (~ 33 questions)
2. Supervision of Trading and Market Making Activities (~ 31 questions)
3. Supervision of Brokerage Office Operations (~ 29 questions)
4. Sales Supervision and General Supervision of Employees (~ 43 questions)
5. Compliance with Financial Responsibility Rules (~ 14 questions)
   

FINRA has produced a Series 24 content outline, which is available for free.