NACVA Exam CVA Topic 3 Question 57 Discussion

Actual exam question for NACVA's CVA exam

Question #: 57
Topic #: 3

[All CVA Questions]

When it comes to related party transactions, it is important that the analyst gather:

AAs much information as is available in order to determine the nature of the transactions and their propriety

BRelated part transactions information

CThe list prepared that describes the terms of the transactions

DInformation regarding loans to and from related parties, leases, or purchases

Show Suggested Answer

Suggested Answer: D

by Rhea at Sep 22, 2022, 04:28 AM

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Sharen

2 days ago

Well, this is a no-brainer. Option A is clearly the most comprehensive approach to understanding related party transactions. Gotta get all the details, you know?

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Blythe

6 days ago

I believe we should also focus on gathering information about loans to and from related parties, leases, or purchases.

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Jamie

12 days ago

I agree with Shenika. It's important to determine the nature of the transactions and their propriety.

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Shenika

13 days ago

I think when it comes to related party transactions, we should gather as much information as possible.

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