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NACVA Exam CVA Topic 3 Question 88 Discussion

Actual exam question for NACVA's Certified Valuation Analysts exam
Question #: 88
Topic #: 3
[All Certified Valuation Analysts Questions]

The determination of which asset-based method to use in a given valuation engagement should be a function of all of the following EXCEPT:

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Suggested Answer: D

Contribute your Thoughts:

Lashawn
3 months ago
This question is about as clear as mud. But I'm going to go with A. The analyst's experience and judgment? That's the real secret sauce in this valuation game, am I right?
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Inocencia
3 months ago
Wow, this question is really speaking my language. I think the answer is B. The quantity and quality of available data is the key to unlocking the perfect asset-based method. Everything else is just gravy.
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Cortney
2 months ago
Actually, I think the purpose and objective of the valuation is the most important factor to consider.
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Broderick
3 months ago
I agree, having the right data is crucial for accurate valuation.
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Jeanice
4 months ago
Hold up, is this a trick question? I bet the answer is C. The purpose of the valuation should always be the driving force, not some accountant's wet dream of categorizing financial assets.
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Natalie
3 months ago
A) The experience and judgment of the analyst
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Myong
3 months ago
C) The purpose and objective of the valuation
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Ronnie
4 months ago
Easy peasy! The purpose and objective of the valuation is the most important factor in determining the asset-based method. Everything else is just window dressing.
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Barbra
3 months ago
The quantity and quality of available data can't be overlooked either.
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Nicolette
3 months ago
The experience and judgment of the analyst also play a crucial role.
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Edna
3 months ago
I agree, the purpose and objective of the valuation drive everything.
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Carin
4 months ago
This is a tricky one. I think the experience and judgment of the analyst should be the only thing that doesn't matter. Isn't that the whole point of being a valuation expert?
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Nada
4 months ago
I'm pretty sure the answer is D. Financial asset account categories don't have anything to do with choosing the right asset-based method.
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Rene
3 months ago
Yeah, it's more about the analyst's experience, available data, and the purpose of the valuation.
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Lindsey
3 months ago
Definitely, the experience and judgment of the analyst also play a key role.
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Tashia
4 months ago
I agree, D doesn't seem relevant to choosing the right asset-based method.
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Fletcher
4 months ago
Yeah, I agree. The purpose and objective of the valuation seem more important.
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Jamal
4 months ago
The purpose and objective of the valuation is much more important in determining the right asset-based method.
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Michel
4 months ago
I think you're right, D doesn't seem relevant to choosing the method.
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Cyndy
4 months ago
I agree, financial asset account categories are not relevant in this case.
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Josphine
4 months ago
I disagree, I believe the answer is A) The experience and judgment of the analyst.
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Carline
4 months ago
I think the answer is D) Financial asset account categories.
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