The term EXAM OPTION can be broken down into two crossword solutions: FALSE (5 letters) and ESSAY (5 letters). FALSE is a word used to describe something that is not true or incorrect. It is often used in multiple choice exams as an answer option. ESSAY is a type of writing that expresses the writer's opinion on a particular topic. It is often used as an exam option, as it allows the student to demonstrate their understanding of the subject matter.