Free NACVA Exam Dumps

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Question No: 1

MultipleChoice

In case of valuation of family law courts, in fact, courts often mix standards of value with valuation methods. For example, one opinion recognized ''fair acceptable methods'' for valuing goodwill on the basis of:

Options

AThe price a willing buyer would pay

BCapitalization of excess earnings method

COne Quarter's gross average gross income

DA and B only

Question No: 2

MultipleChoice

Many cost items fall into a ''___________'', in which the decision to expense or to capitalize the expenditures is subjective. One such decision is the dividing line between maintenance expenditures, which are expenses and capital improvements, which are capitalized.

Options

AWhite area

BGary area

CRed area

DWhite and gray area

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