CVA : Certified Valuation Analyst (CVA) Exam

CVA Dumps CVA Braindumps
CVA Real Questions CVA Practice Test CVA Actual Questions
killexams.com Financial CVA
Certified Valuation Analyst (CVA)
https://killexams.com/pass4sure/exam-detail/CVA
1. The comparative sales method
2. A and C
Answer: D
QUESTION: 236
Which of the following attribute should be there for an intangible asset to exist from an economic perspective?
1. It should be subject to legal existence and protection
2. It should be subject to specific identification and recognizable description
3. It should be subject to right of private ownership
4. All of these
Answer: D
QUESTION: 237
Which of the following is NOT a common category of intangible assets?
1. Technology-related
2. Human-capital-related
3. Location-related
4. Data warehousing-related
Answer: D
QUESTION: 238
is a specialized classification of intangible and its categories are creative
(e.g. copyrights) and innovative (e.g. patents).
1. Intellectual properties
2. Intellectual capital
3. Both A & B
4. Intellectual rights
Answer: A
QUESTION: 239
The cost approach provides a systematic framework for estimating the value of an
intangible asset based on the economic principle of:
1. Substitution
2. Competition
3. Double counting
4. Asset-based approach
Answer: A
QUESTION: 240
An intangible’s deficiencies are considered curable when the prospective economic benefit of enhancing or modifying it exceeds the current cost (in terms of material, labor, and time) to change it. An intangible’s deficiencies are considered incurable when:
A. The current costs of enhancing or modifying it (in terms of material, labor and time) can not exceed the expected future economic benefits of improving it
B .The current costs of enhancing or modifying it (in terms of material, labor and time) exceed the expected future economic benefits of improving it
1. Cost encompasses all of the deficiencies
2. Reproduction cost exceeds the actual production cost
Answer: B
QUESTION: 241
Analysts should consider each of the following measure when estimating the remaining useful life of intangible asset EXCEPT:
1. Remaining legal (or legal protection) life (e.g., remaining term of trademark protection)
2. Remaining contractual life (e.g., remaining term on a lease)
3. Remaining copyrighted life (e.g., time period for which copyrights are sold)
4. Remaining technological life (e.g., period until the current technology becomes
obsolete, for patents, proprietary processes, etc.)
Answer: C
QUESTION: 242
Because of the advanced features (protected by the several patents), Seller management
estimates that:
1. Seller sells more widgets than it otherwise would
2. Seller has a greater market share than it otherwise would
3. Seller’s average selling price per unit is higher than its competitors’ prices
4. Seller has short-term supply contract supply contract with the key supplier
Answer: A, B, C
QUESTION: 243
The analyst used
to quantify the value of intangible assets. The analyst
estimated the current cost required for the company to recreate its current level of
customer awareness, brand recognition and consumer loyalty.
1. Asset accumulation method
2. Income approach
3. Recreation cost method
4. Valuing intangibles method
Answer: C
QUESTION: 244
This is sometimes considered the accumulation of all other elements of economic value of business enterprise not specifically with (or allocated to) individual tangible and intangible assts. Its analysis and qualification is an important component in the application of asset accumulation method to a company like Seller. What is this?
1. Trademark
2. Goodwill
3. Patents
4. Copyrights
Answer: B
QUESTION: 245
Asset accumulation method can quickly quantify the effects on business value of many
common seller structural considerations, such as:
1. What if the seller retains the company’s cash on hand or accounts receivables?
2. What if seller does not retain (or leases back to the company) the operating real estate
facilities?
3. What if seller sells the title of the patents or to some other intangible asset owned by
the company?
4. What if seller does not legally retain any or all of the debt instruments?
Answer: A
QUESTION: 246
Which of the following is the primary disadvantage of the asset accumulation method?
1. If taken to an extreme, it can be very expensive and time consuming
2. It may necessitate the involvement o appraisal specialists in several asset valuation
disciplines
3. The valuation requires the valuation of all the company assets
4. The value of all assets, properties, or business interests depends on their economic income-generating capacity
Answer: A
QUESTION: 247
A general category of taxable events relates to the amount of recognition of income (if any) associated with economic benefits received by a business. Examples of this category of taxable events include all of the following EXCEPT:
1. The valuation of property received, such as rents
2. The valuation (or the solvency/insolvency test) related to the recognition (or non-
recognition)
3. A valuation that is needed when a business (whether the business is a proprietorship,
corporation or partnership)
4. A valuation when a tax payer claims a deduction
Answer: C, D
QUESTION: 248
There are some allowable methods for determining the basis of property received in exchange for other property. Which of the following is/are out those methods?
1. Income basis of tax on the property
2. If a taxpayer receives property for services, then the original basis of the property when it is received is its original price
3. The basis is the fair market value of the property exchanged for it, increased by any payments made or decreased by any payments received, when the two properties are of
unequal value
4. The basis is the fair market value of the property when its is received
Answer: C, D
QUESTION: 249
Various transactional and taxation events may occur that change the taxpayer’s original basis in the property. These events usually _the original basis.
1. Increase
2. Decrease
3. Increase or decrease
4. It depends
Answer: C
QUESTION: 250
No deduction is allowed for any charitable contribution of or more unless the
taxpayer substantiates the contribution by a contemporaneous written acknowledge from the donee organization of the contribution.
A. $300 B. $400 C. $350
D. $250
Answer: D
QUESTION: 251
The IRC limits an individual taxpayer’s charitable deduction each year to a percentage of
adjusted gross income, depending on:
1. The value of gift
2. The type of gift
3. The fair market price of gift
4. Valuation advisories
Answer: B

User: Amelia***** Scoring 90% on my cva exam was a thrilling achievement, thanks to killexams.com’s comprehensive testprep notes. Their thorough coverage of topics like trainer communication and presentation skills ensured a problem-free exam, and I am grateful for their support.

User: Luna***** The CVA exam was challenging, but Killexams.com’s Q&A guide helped me grasp difficult topics in just ten days. Their resources were a lifesaver, and I highly recommend them.

User: Lieve***** I was impressed to see that the CVA practice test was updated with new scenarios that I did not expect to find anywhere else. I recently took my first CVA exam, and now I plan to order the updated version.

User: Elizabeth***** Preparing for the CVA exam was challenging due to its lengthy content, but Killexams.com made the process enjoyable and manageable. Their concise practice tests allowed me to retain critical information easily, leading to a 79% score. I wholeheartedly thank the Killexams.com team for their exceptional support and recommend their resources to anyone preparing for this exam.

User: Rayia***** If you are looking for valid CVA education and want to understand how the exam works, Killexams.com is the perfect source of assistance. I used this incredible exam engine for my CVA preparation, and it provided me with excellent guidance and challenging yet manageable questions. The test publications were also very helpful, and I was able to secure an 88% score on my CVA exam. I believe that an Android app for the platform would be a great addition, enabling users to practice the questions and answers while traveling.

---