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NACVA CVA Exam - Topic 2 Question 13 Discussion

Actual exam question for NACVA's CVA exam
Question #: 13
Topic #: 2
[All CVA Questions]

Which of the following is NOT out of standard categories of assets for the purposes of applying the asset accumulation method?

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Suggested Answer: D

by Tonette at May 04, 2022, 10:42 PM

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Anika
6 months ago
Are we sure about that? Seems a bit confusing.
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Kati
6 months ago
Totally agree, tangible personal property is in the mix.
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Thaddeus
6 months ago
Wait, equity and unearned earnings? That sounds off.
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Candida
6 months ago
I think real estate counts too.
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Annice
7 months ago
Financial assets are definitely standard.
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Mica
7 months ago
I feel like I might have mixed up the definitions. I remember something about unearned earnings being tricky, but I can't recall if they're considered standard or not.
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Daron
7 months ago
I practiced a similar question where tangible personal property was listed as a standard asset, so I might lean towards that being included here too.
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Joseph
7 months ago
I think financial assets and real estate are definitely standard categories, but I'm a bit uncertain about equity and unearned earnings.
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Melissia
7 months ago
I remember we discussed the asset accumulation method, but I'm not sure about the specifics of what counts as standard categories.
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Tresa
7 months ago
I think the key here is understanding the difference between claims-made and occurrence-based policies. The question is asking about a specific requirement for claims-made, so I'll need to focus on that.
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Rosio
7 months ago
I've got a strategy for this. Since Peacock inherits from Bird, I can create a Bird reference that points to a Peacock object, and then cast it to a Peacock to access the Fly.Dance() method.
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Catina
7 months ago
This is a good test of my knowledge on government contracting. I'll draw on what I've learned in class to make an informed decision.
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