File Info
| Exam | Certified Valuation Analyst |
| Number | CVA |
| File Name | Financial.CVA.Pass4Sure.2018-12-01.137q.tqb |
| Size | 483 KB |
| Posted | Dec 01, 2018 |
| Download | Financial.CVA.Pass4Sure.2018-12-01.137q.tqb |
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Demo Questions
Question 1
Virtually, all businesses or interests in businesses may be appraised under some alternatives premises of value. Which of the following is not out of those premises?
- Value as a going concern
- Value as an assemblage of assets
- Value as an orderly disposition
- Value as a sudden liquidation
Correct answer: D
Question 2
Statutory law
Case law
Administrative rulings
Company documents
Contracts between parties’ precedent established by prior transactions Legal documents. These are some of the most important sources of guidance as to:
- The applicable standard and premises of value for the given situation.
- The appraiser’s experience and judgment.
- The selection of appropriate premise
- The value of the same business enterprise
Correct answer: A
Explanation:
Question 3
The valuation opinion repot will typically include the following sections EXCEPT:
- A valuation opinion letter summarizing the valuation procedures and conclusions
- Several sections summarizing the relevant valuation theory, methodology, procedures, analyses, and conclusions
- A listing of the data and documents relied upon by the appraiser
- legal case documents
Correct answer: D
