NACVA Exam CVA Topic 4 Question 102 Discussion

Actual exam question for NACVA's CVA exam

Question #: 102
Topic #: 4

[All CVA Questions]

Book value per share is based on the number of shares outstanding at the end of accounting period rather than the weighted average used in computing earning per share. Also, book value normally is computed without considering:

ATreasury stock

BPossible dilutive effects of conversions

CMaximum potential dilution

DAnti-dilutives and their effects

Show Suggested Answer

Suggested Answer: A

by Asha at Nov 18, 2024, 05:24 AM

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Hildegarde

10 days ago

I believe the answer is B) Possible dilutive effects of conversions, as those are not included in computing book value per share.

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Moira

11 days ago

I agree with Tayna, because book value per share does not consider treasury stock.

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Tayna

15 days ago

I think the answer is A) Treasury stock.

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