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NACVA Exam CVA Topic 4 Question 70 Discussion

Actual exam question for NACVA's CVA exam
Question #: 70
Topic #: 4
[All CVA Questions]

_____________________ list can yield insight into the company's profitability, liquidity and even viability. However, many relatively small companies do not prepare them.

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Suggested Answer: D

Contribute your Thoughts:

Karrie
2 days ago
But not all companies prioritize preparing these lists, which can be a problem.
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Stanford
3 days ago
Hmm, I'm tempted to say D. You can't have a profitable business without keeping close tabs on your inventory. Although, I do enjoy a good aged receivables list - it's like a financial detective story!
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Lai
3 days ago
I agree, knowing what assets the company has can help with decision-making.
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Hoa
4 days ago
I think it's important to have an inventory list for a company.
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Coleen
5 days ago
I believe a prepaid expense list is also crucial for understanding the company's financial position.
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Keena
7 days ago
I agree, knowing the company's outstanding receivables can help assess its financial health.
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Mariann
7 days ago
I'd go with B. Knowing what's outstanding and for how long is key to spotting potential problems early on.
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Joesph
8 days ago
The aged receivables list is crucial for understanding the company's financial health. Unpaid invoices can really put a strain on cash flow.
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Cecil
11 days ago
I think it's important to have an aged receivables list for financial analysis.
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