How to Pass CVA Test in First Attempt

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NACVA CVA Exam Sample Questions

Question: 5

Valuation of ___________must be specified. For example, the assignment might include language such as” …engaged to estimate the fair market value of the fixed assets, inventory, and goodwill, on a going-concern basis of…”

  1. Assets
  2. Securities
  3. Cooperatives
  4. Partnerships


Answer: A

Question: 3

S corporations, limited liability corporations, limited liability partnerships, family limited partnerships, professional corporations, real estate investment trust, investment companies registered under the investment company act of 1940 and personal holding companies are the examples of:

  1. General and limited partnerships
  2. Cooperatives
  3. Entities’ structures giving rise to special legal or tax considerations (specified structure)
  4. Companies following valuation standards


Answer: C

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Question: 3

S corporations, limited liability corporations, limited liability partnerships, family limited partnerships, professional corporations, real estate investment trust, investment companies registered under the investment company act of 1940 and personal holding companies are the examples of:

  1. General and limited partnerships
  2. Cooperatives
  3. Entities’ structures giving rise to special legal or tax considerations (specified structure)
  4. Companies following valuation standards


Answer: C

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Question: 5

Valuation of ___________must be specified. For example, the assignment might include language such as” …engaged to estimate the fair market value of the fixed assets, inventory, and goodwill, on a going-concern basis of…”

  1. Assets
  2. Securities
  3. Cooperatives
  4. Partnerships


Answer: A

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Question: 5

Valuation of ___________must be specified. For example, the assignment might include language such as” …engaged to estimate the fair market value of the fixed assets, inventory, and goodwill, on a going-concern basis of…”

  1. Assets
  2. Securities
  3. Cooperatives
  4. Partnerships


Answer: A

Question: 3

S corporations, limited liability corporations, limited liability partnerships, family limited partnerships, professional corporations, real estate investment trust, investment companies registered under the investment company act of 1940 and personal holding companies are the examples of:

  1. General and limited partnerships
  2. Cooperatives
  3. Entities’ structures giving rise to special legal or tax considerations (specified structure)
  4. Companies following valuation standards


Answer: C

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