<p>Yes that’s true. In fact also apparently, if you do really well on the extra paper test you can waive out completely, ie not do the 3rd semester.
Also, if you find that say 3rd semester turns out to be too advanced, you can easily switch into 2nd semester of Spanish. I know some students (my D included) who got placed into 3rd level, who took Spanish AP last year and did not remember everything, yet by luck perhaps or guessing (as my D did) they got into the highest level.
For the reverse situation, you’d need to be tested again.</p>