Free Practice NACVA CVA Exam Questions 2025

Stay ahead with 100% Free Certified Valuation Analyst (CVA) CVA Dumps Practice Questions

Page: 1 / 51

Total 253 Questions | Updated On: Apr 21, 2025

Add To Cart

Question 1

Any Buy-Sell agreement, restrictions, or other similar factor relating to the right to use or sell the property will be ignored for estate gift, and generation skipping tax purposes unless the agreement meets any of the following test EXCLUDING:

A : It is a bona fide business arrangement

B : It must be a device to transfer the property to the natural objects of the transferor's bounty (such as family members) for less than adequate and full consideration in money or money's worth

C : Its terms must be comparable to similar arrangements entered into by persons in an arm's length transaction

D : It is a key player in Buy-Sell arrangements

Answer: D

Question 2

Discounts for contingent liabilities can cover a wide range of spectrum, such as:

A : Environmental liabilities

B : Pending lawsuits

C : Liability for controlling ownership interest

D : Both A and B

Answer: D

Question 3

A series of small stock premium studies have been developed by Roger Grabowski and David King. They use eight different measures of size for two major groups (Equity size and Company size). Which of the following is/are measure/s of company size?

A : Market value of common equity

B : Book value of common equity

C : Market value of invested capital

D : Number of employees

Answer: C,D

Question 4

Which one of the following is/are example/s of normalizing adjustments?

A : Adequacy of allowance and reserve accounts

B : Non-depreciation methods and schedules

C : Policies regarding capitalization or expensing of various costs (adjust to industry norms)

D : Changes in capital structure

Answer: A,C

Question 5

There is a general consensus among appraisers that there is little or no difference in controlling interest market values between S corporations and C corporations under most circumstances, and that any difference depends on:

A : Finding a seller that there may be differences in value at the shareholder level for noncontrolling interests.

B : Finding a buyer that there may be differences in value at the shareholder level for noncontrolling interests.

C : Finding a dealer that there may be differences in value at the shareholder level for non- controlling interests.

D : Finding a broker that there may be differences in value at the shareholder level for non- controlling interests.

Answer: B

Page: 1 / 51

Total 253 Questions | Updated On: Apr 21, 2025

Add To Cart