← Back to exam page

CVA – Certified Valuation Analyst

Loading demo links...

Showing 10–12 of 15 questions

Question 10

There’s a tendency for the market for the businesses to change more rapidly than the market for real estate. After all, a business can be thought of as a collection of _____________ each with its own price volatility and risks of ownership.

Select an option, then click Submit answer.

  • ○

    Realized and unrealized earnings
  • ○

    Short and long-term liabilities
  • ○

    Tangible and intangible assets
  • ○

    Unearned Revenues and fixed assets
Question 11

Automatic reliance on industry rates such as the return on total assets, tangible net worth or equity. This is the procedure which should NOT be used in the estimation of the:

Select an option, then click Submit answer.

  • ○

    Indirect capitalization rate
  • ○

    Direct capitalization rate
  • ○

    Normalized level of earnings
  • ○

    Tangible asset value
Question 12

In general, the use of life insurance can fulfill all of the following basic needs EXCEPT:

Select an option, then click Submit answer.

  • ○

    Liquidation of the stock of a disabled stockholder, either by the corporation or by other stockholder
  • ○

    Payment of estate taxes
  • ○

    Minimum interest rate based on U.S. Treasury rates
  • ○

    Provision for continuity of the business after loss of a key person