Would like to create an assessment and instance to show user a failed status

Summary

Assessment creation with an instance that allows a user to take a test and show a failure status

Content

I would like to create an assessment and an instance that allows a user to take a test and show a failure status if they do not pass. Is this possible to have pass, fail and incomplete show on the report when you build the assessment into LearnCenter and throw and instance on there?

Thanks in advance for any thoughts you have around this!