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Exam CVA topic 1 question 11 discussion

Actual exam question from NACVA's CVA
Question #: 11
Topic #: 1
[All CVA Questions]

In ________cases, the valuation date itself is an issue to be resolved by the court. In such situations, the appraiser must be prepared to address the valuation as of several dates, sometimes without knowing which date the court determined to be relevant until after the judgment is rendered. Since the choice of valuation date in such cases is a legal matter.

  • A. Litigated cases
  • B. Estate tax cases
  • C. Enterprise value identification cases
  • D. Cooperatives
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Suggested Answer: A 🗳️

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