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NACVA CVA Exam Dumps

Vendor: NACVA
Exam Code: CVA
Exam Name: Certified Valuation Analyst (CVA)
Certification: NACVA Certification
Total Questions: 251 Q&A
Updated on:
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Free CVA Exam Questions in PDF Format

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NACVA_leads4pass_CVA_by_sruthi_220.pdf
210.03 KB
NACVA_leads4pass_CVA_by_CCIE4ALL_224.pdf
209.78 KB
NACVA_leads4pass_CVA_by_daminda_239.pdf
209.63 KB
NACVA_leads4pass_CVA_by_Alice_229.pdf
209.7 KB
NACVA_leads4pass_CVA_by_IMA_241.pdf
209.61 KB
NACVA_leads4pass_CVA_by_fxffdfs_221.pdf
209.5 KB

CVA Online Practice Questions and Answers

Questions 1

To get an explanation or interpretation of something on the financial statements, or to consult working

papers for details that augment the financial statements, it may be necessary to interview the company's

outside independent accountant.

This is most often the case when:

A. The financial statements are not audited

B. Not completely footnoted

C. Contain some kind of unqualified opinion by the independent accountant

D. Contain some kind of unqualified opinion by the attorney and banker

Show Answer

Questions 2

There are some factors that determine whether the buy-sell agreement is conclusively binding for estate tax purposes. Which of the following is/are out of those factors?

A. The agreement must restrict the transfer of the securities to the buy-sell price during the owner's life as well as at death.

B. There must be a valid business purpose for establishing the agreement

C. The value may not reflect those typical of arm's length transactions in the subject company's industry

D. The value established in the agreement must have been an adequate and fair price at the time the agreement was executed

Show Answer

Questions 3

Which of the following is the primary disadvantage of the asset accumulation method?

A. If taken to an extreme, it can be very expensive and time consuming

B. It may necessitate the involvement of appraisal specialists in several asset valuation disciplines

C. The valuation requires the valuation of all the company assets

D. The value of all assets, properties, or business interests depends on their economic income-generating capacity

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