NACVA CVA Exam - Topic 3 Question 54 Discussion

Actual exam question for NACVA's CVA exam

Question #: 54
Topic #: 3

Analysts should consider each of the following measure when estimating the remaining useful life of intangible asset EXCEPT:

ARemaining legal (or legal protection) life (e.g., remaining term of trademark protection)

BRemaining contractual life (e.g., remaining term on a lease)

CRemaining copyrighted life (e.g., time period for which copyrights are sold)

DRemaining technological life (e.g., period until the current technology becomes obsolete, for patents, proprietary processes, etc.)

Show Suggested Answer

Suggested Answer: C

by Felix at Jul 22, 2022, 06:28 PM

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Denise

6 months ago

Agreed, C should be considered too!

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Elbert

6 months ago

Wait, are we really ignoring C? Seems off.

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Renea

6 months ago

I think B is also important, but not as much as A.

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Fatima

6 months ago

A is crucial for trademarks, no doubt.

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Donette

6 months ago

Definitely not D, tech can change fast!

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Maurine

7 months ago

I recall that technological life is crucial for patents, but I can't shake the feeling that legal life might not be as relevant for estimating useful life overall.

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Salina

7 months ago

I’m pretty confident that remaining contractual life is important, but I’m a bit uncertain about copyrighted life. Does it really apply to all intangible assets?

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Carmen

7 months ago

I think we practiced a question similar to this where we had to identify which measure was irrelevant. I feel like legal life might be the odd one out here.

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Casandra

7 months ago

I remember discussing the different types of lives for intangible assets, but I'm not sure if technological life is always considered.

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Lili

7 months ago

Hmm, I'm not sure. My instinct is that option A is the way to go - taking lots of small samples seems like it would give us a better sense of the overall distribution.

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Vincent

7 months ago

I think the key here is understanding what a self-organizing team means in the context of Scrum. Option A seems to capture that concept the best.

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Virgilio

7 months ago

Hmm, I'm a little unsure about this one. I know OSHA has strict rules, but I'm not sure if all of these options are correct. I'll have to think it through step-by-step.

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