最新的IFPUG Accredited in Business Valuation (ABV) - ABV免費考試真題
問題1
The determination of which asset-based method to use in a given valuation engagement should be a function of all of the following EXCEPT:
The determination of which asset-based method to use in a given valuation engagement should be a function of all of the following EXCEPT:
正確答案: C
問題2
Control transaction valuation multiples (often called deal multiples or acquisition multiples or acquisition multiples) often use the following measures of returns in the denominator EXCEPT:
Control transaction valuation multiples (often called deal multiples or acquisition multiples or acquisition multiples) often use the following measures of returns in the denominator EXCEPT:
正確答案: C
問題3
The capital asset pricing model suggests using the factor called to measure risk.
The capital asset pricing model suggests using the factor called to measure risk.
正確答案: C
問題4
Documentable, arm's-length, bona fide offers to buy or sell may also be useful evidence of value. Funded bona fide offers (i.e. offers for which the financing for the offer is already in place) should be gives more weight and more consideration than:
Documentable, arm's-length, bona fide offers to buy or sell may also be useful evidence of value. Funded bona fide offers (i.e. offers for which the financing for the offer is already in place) should be gives more weight and more consideration than:
正確答案: D
問題5
The rate of interest that, when applied to the expected future payments equal to the debt security's observed market price is called the:
The rate of interest that, when applied to the expected future payments equal to the debt security's observed market price is called the:
正確答案: C
問題6
Purchase price of equity plus total debt less cash is referred to as:
Purchase price of equity plus total debt less cash is referred to as:
正確答案: C
問題7
Three levels are identified by in the hierarchy of measurements to identify fair value, with the highest level available to be used. These levels are; highest-priority level, inputs are those other than quoted prices included within level 1 that are directly or indirectly observable and Level 3 where inputs are unobservable.
Three levels are identified by in the hierarchy of measurements to identify fair value, with the highest level available to be used. These levels are; highest-priority level, inputs are those other than quoted prices included within level 1 that are directly or indirectly observable and Level 3 where inputs are unobservable.
正確答案: B
問題8
deals with the liquidation of the subject business ownership interest.
deals with the liquidation of the subject business ownership interest.
正確答案: B
問題9
When non-controlling business ownership interests are valued by reference to the prices paid for guideline actively traded securities, the benchmark for the lack of marketability of the non-controlling ownership interests is the active public securities markets, this publicly traded counterpart value is often called:
When non-controlling business ownership interests are valued by reference to the prices paid for guideline actively traded securities, the benchmark for the lack of marketability of the non-controlling ownership interests is the active public securities markets, this publicly traded counterpart value is often called:
正確答案: C
問題10
Basic earnings per share are computed by dividing the earnings available to common equity by the weighted average number of common shares outstanding, plus:
Basic earnings per share are computed by dividing the earnings available to common equity by the weighted average number of common shares outstanding, plus:
正確答案: B
問題11
It is advisable to emphasize that in the valuation of the stock of closely held corporations or the stock of corporations where market quotations are either lacking or too scarce to be recognized, all available financial data, as well as all relevant factors affecting the market value should be considered. The following factors, although not all-inclusive are fundamental and require careful analysis in each case EXCEPT:
It is advisable to emphasize that in the valuation of the stock of closely held corporations or the stock of corporations where market quotations are either lacking or too scarce to be recognized, all available financial data, as well as all relevant factors affecting the market value should be considered. The following factors, although not all-inclusive are fundamental and require careful analysis in each case EXCEPT:
正確答案: A
問題12
Control transaction valuation multiples (often called deal multiples or acquisition multiples) often use which of the following measure of return in the denominator:
Control transaction valuation multiples (often called deal multiples or acquisition multiples) often use which of the following measure of return in the denominator:
正確答案: D
問題13
The amount of detail desired in the inventory list varies from one appraisal to another,
depending upon:
The amount of detail desired in the inventory list varies from one appraisal to another,
depending upon:
正確答案: B,D
問題14
With respect to both reproduction cost and replacement cost, which element of cost should be considered in the analysis?
With respect to both reproduction cost and replacement cost, which element of cost should be considered in the analysis?
正確答案: D
問題15
In the direct capitalization economic income method, the value of the company is estimated by dividing the expected economic income of company by an appropriate:
In the direct capitalization economic income method, the value of the company is estimated by dividing the expected economic income of company by an appropriate:
正確答案: D
問題16
When the
valuation
subject is a controlling
ownership
interest in the company, the existing total compensation less compensation may be considered excess compensation.
When the
valuation
subject is a controlling
ownership
interest in the company, the existing total compensation less compensation may be considered excess compensation.
正確答案: D