NACVA Certified Valuation Analysts Exam Practice Test

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Total 251 questions

Question 1

Which of he following factors is NOT considered, among others, when determining if quantitative adjustments to the sales comparison data are necessary?



Answer : D

Question 2

All of the various tangible personal property valuation method and procedures can be grouped into the following approaches EXCEPT:



Answer : C, D

Question 3

The work-in-process inventory of a professional service firm is essentially the unbilled receivables of the firm. Therefore, the same net realizable value rules discussed with respect to accounts and notes receivable would apply to this asset as well. With regard to tangible merchandise inventory, there are some common valuation methods such as:



Answer : D

Question 4

Which of the following attribute should be there for an intangible asset to exist from an economic perspective?



Answer : D

Question 5

Which of the following is NOT a common category of intangible assets?



Answer : D

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Total 251 questions