Download Certified Valuation Analyst.CVA.Pass4Sure.2018-12-01.137q.tqb

Vendor: Financial
Exam Code: CVA
Exam Name: Certified Valuation Analyst
Date: Dec 01, 2018
File Size: 483 KB

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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?
  1. Value as a going concern
  2. Value as an assemblage of assets
  3. Value as an orderly disposition
  4. 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:
  1. The applicable standard and premises of value for the given situation.
  2. The appraiser’s experience and judgment.
  3. The selection of appropriate premise
  4. The value of the same business enterprise
Correct answer: A
Explanation:
Question 3
The valuation opinion repot will typically include the following sections EXCEPT:
  1. A valuation opinion letter summarizing the valuation procedures and conclusions
  2. Several sections summarizing the relevant valuation theory, methodology, procedures, analyses, and conclusions
  3. A listing of the data and documents relied upon by the appraiser
  4. legal case documents
Correct answer: D
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