Free NACVA CVA Exam Questions
Try our Free Demo Practice Tests for Comprehensive CVA Exam Preparation
-
NACVA CVA Exam Questions
-
Provided By: NACVA
- Exam: Certified Valuation Analyst (CVA)
- Certification: Certified Valuation Analysts
-
Total Questions: 253
-
Updated On: Mar 28, 2025
-
Rated: 4.9 |
-
Online Users: 506
-
Question 1
-
Since the use of the extraordinary designation is so restrictive, obviously many items do not meet the strict definition for accounting purposes but nevertheless should be regarded as nonrecurring for analytical purposes. Some examples of such items would be all of the following EXCEPT:
Answer: D
-
Since the use of the extraordinary designation is so restrictive, obviously many items do not meet the strict definition for accounting purposes but nevertheless should be regarded as nonrecurring for analytical purposes. Some examples of such items would be all of the following EXCEPT:
-
Question 2
-
Which one of the following is/are example/s of normalizing adjustments?
Answer: A,C
-
Which one of the following is/are example/s of normalizing adjustments?
-
Question 3
-
The sales comparison approach is based on the economic principles of:
Answer: A,D
-
The sales comparison approach is based on the economic principles of:
-
Question 4
-
The FASB says that, for ''unobservable inputs,'' the valuation should include market participant assumptions about risk, even if this adjustment is different to determine. Interestingly, it breaks risk into following categories EXCEPT:
Answer: C,D
-
The FASB says that, for ''unobservable inputs,'' the valuation should include market participant assumptions about risk, even if this adjustment is different to determine. Interestingly, it breaks risk into following categories EXCEPT:
-
Question 5
-
____________ indicates that the collective going-on concern value of the total subject entity is less than the sum of the individual values of the entity's total tangible assets.
Answer: C
-
____________ indicates that the collective going-on concern value of the total subject entity is less than the sum of the individual values of the entity's total tangible assets.