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CVA – Certified Valuation Analyst

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Showing 7–9 of 15 questions

Question 7

Income that is eventually derived from the qualified stock option (QSO) is determined to be ordinary income if the receipt exercises the option to buy the underlying securities and subsequently sells the securities within 12 months. To get a tax break:

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    The owner must hold the shares for at least one year
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    The reader should consult a tax advisor regarding any possible tax consequences
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    Business valuation professional is to estimate the fair market value
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    The ISO must have been granted at least two years before the stock is sold
Question 8

The analyst should compare the backlog on the valuation date with that on previous dates. Such comparison, especially with the backlog one year prior to the valuation date, is one of:

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    The company’s future prospects
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    Indication of process continuous process delay
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    The company’s order blockage phenomenon
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    The future availability of suppliers
Question 9

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

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    It should be subject to legal existence and protection
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    It should be subject to specific identification and recognizable description
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    It should be subject to right of private ownership
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    All of these