New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

NACVA CVA Exam - Topic 5 Question 80 Discussion

Actual exam question for NACVA's CVA exam
Question #: 80
Topic #: 5
[All CVA Questions]

Proprietary technology is also counted in intangibles such as, a trained and assembled workforce, special know-how, customer relationships, supplier relationships, or other intangible assets that make the company available competitors and give it earning power. Some closely held business owners call these intangibles:

Show Suggested Answer Hide Answer
Suggested Answer: A

by Theola at Feb 12, 2024, 07:58 PM

Limited Time Offer

25%

Off

Get Premium CVA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Lorrine
3 months ago
Goodwill is the right term for customer relationships, I agree!
upvoted 0 times
...
Joye
4 months ago
Wait, are we really calling these things "blue sky"? Sounds kinda vague.
upvoted 0 times
...
Tiara
4 months ago
A or B seems like a safe bet!
upvoted 0 times
...
Jesusa
4 months ago
I thought goodwill was more about reputation than just intangibles.
upvoted 0 times
...
Celestina
4 months ago
Blue sky is definitely a term used for those intangibles.
upvoted 0 times
...
Merlyn
5 months ago
I thought patents were more about legal protections for inventions, not really fitting the description here, so I’m torn between A and B.
upvoted 0 times
...
Pamella
5 months ago
I feel like "blue sky" is a term I've heard before, but I can't recall if it specifically applies to these intangibles.
upvoted 0 times
...
Shelia
5 months ago
I practiced a similar question where "goodwill" was definitely mentioned as an intangible asset, so I’m leaning towards option B.
upvoted 0 times
...
Andree
5 months ago
I think I remember something about "goodwill" being related to intangible assets, but I'm not entirely sure if that's what they mean by "blue sky."
upvoted 0 times
...
Lelia
5 months ago
Okay, I've read the question a few times now. Based on the examples given, I think the best answer is D, A or B. The question seems to be asking for a general term that encompasses those types of intangible assets, and both "blue sky" and "goodwill" fit that description.
upvoted 0 times
...
Catarina
5 months ago
Hmm, I'm not totally sure about this one. The question mentions a "trained and assembled workforce" and "special know-how" as examples of intangibles, so I'm wondering if A, "blue sky," could also be a correct answer. I'll have to think this through carefully.
upvoted 0 times
...
Jamika
5 months ago
This question seems straightforward. I think the answer is B, goodwill, since that's a common term for intangible assets that give a company earning power.
upvoted 0 times
...
Erick
5 months ago
This is a tricky one. I'm leaning towards B, goodwill, since that's a more commonly used term. But the question does provide some specific examples that make me wonder if A, "blue sky," could also be correct. I'll have to make an educated guess on this one.
upvoted 0 times
...
Jonell
5 months ago
Okay, I've got an idea. If the customer isn't happy, we should try to find a way to adjust the reconciliation process that doesn't involve changing the core scripts. Let's see if there's a more elegant solution.
upvoted 0 times
...
Chi
6 months ago
This seems like a good opportunity to apply the concepts we've been studying. I'll make sure to carefully consider each option and select the one that best matches the description provided.
upvoted 0 times
...
Caren
10 months ago
Goodwill? More like 'good luck' trying to define that one. I'm going with D, just to avoid any cloudy skies in my answer.
upvoted 0 times
Carmelina
9 months ago
I agree with D) A or B.
upvoted 0 times
...
Amie
9 months ago
I believe it's C) Patents.
upvoted 0 times
...
Janessa
9 months ago
I'm going with B) Good will.
upvoted 0 times
...
Eliseo
9 months ago
I think it's A) Blue sky.
upvoted 0 times
...
...
Gayla
10 months ago
Hmm, blue sky and goodwill, huh? Sounds like a good day to start a business! I'll choose D, just to play it safe.
upvoted 0 times
Shawnta
9 months ago
User 3: I think choosing option D is a safe bet.
upvoted 0 times
...
Brandon
9 months ago
User 2: I agree, they can give a company a competitive edge.
upvoted 0 times
...
Eden
10 months ago
User 1: Blue sky and goodwill are important for a business.
upvoted 0 times
...
...
Simona
11 months ago
Patents are also a type of intangible asset, but they're specifically mentioned in the question. I'll have to go with D, A or B.
upvoted 0 times
Beckie
9 months ago
I would go with B) Good will as well.
upvoted 0 times
...
Tresa
10 months ago
I agree with D) A or B.
upvoted 0 times
...
Tomas
10 months ago
I believe it's B) Good will.
upvoted 0 times
...
Dahlia
10 months ago
I think it's A) Blue sky.
upvoted 0 times
...
...
Melina
11 months ago
Blue sky? What's that, a sunny day? I'll go with B, goodwill, seems more relevant to the question.
upvoted 0 times
Jaime
10 months ago
I agree with you, I'll go with B) Good will.
upvoted 0 times
...
Vallie
10 months ago
I think it's A) Blue sky.
upvoted 0 times
...
...
Wilburn
11 months ago
I think the correct answer is D. Both blue sky and goodwill are considered intangible assets.
upvoted 0 times
...
Ty
11 months ago
I'm not sure, but I think it could also be A) Blue sky because it represents the potential value of those intangibles.
upvoted 0 times
...
Amie
11 months ago
I agree with Jacquelyne, Good will makes sense for intangibles like trained workforce and customer relationships.
upvoted 0 times
...
Jacquelyne
11 months ago
I think the answer is B) Good will.
upvoted 0 times
...

Save Cancel