NACVA Exam CVA Topic 2 Question 3 Discussion

Actual exam question for NACVA's CVA exam

Question #: 3
Topic #: 2

Valuation reports should contain a set of limiting conditions, and one of the typical limiting conditions is as follows:

ALegal and estate tax factors

BThe valuation is valid only for the valuation date or dates specified herein. No other purpose is intended or should be inferred

CLitigation over business valuation is commonplace

DThe purpose of the valuation encompasses the use to which the valuation exercise is expected to be put

Show Suggested Answer

Suggested Answer: B

by Roxane at May 05, 2022, 12:48 PM

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