100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ABV Exam Chapter 8 Questions & Answers 2024/2025 $8.49   Add to cart

Exam (elaborations)

ABV Exam Chapter 8 Questions & Answers 2024/2025

 6 views  0 purchase
  • Course
  • ABV
  • Institution
  • ABV

ABV Exam Chapter 8 Questions & Answers 2024/2025 Which is NOT a purpose for valuing intangible assets in financial reporting? a. business combinations under acquisition method b. financing the development of the intangible asset c. goodwill impairment d. impairment on disposal of long-li...

[Show more]

Preview 2 out of 7  pages

  • September 9, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ABV
  • ABV
avatar-seller
Bensuda
ABV Exam Chapter 8 Questions &
Answers 2024/2025

Which is NOT a purpose for valuing intangible assets in financial reporting?



a. business combinations under acquisition method

b. financing the development of the intangible asset

c. goodwill impairment

d. impairment on disposal of long-lived assets - ANSWERSb. financing the development of the intangible
asset.



Which is the primary method for valuing trade names?



a. capitalization of cash flows

b. guideline transaction

c. replacement cost method

d. relief from royalty - ANSWERSd. relief from royalty



For a definite-lived intangible asset, the valuation analyst should always consider



a. terminal value

b. capitalization rate

c. capital structure

d. RUL - ANSWERSd. RUL (remaining useful life)



Which is not an intangible asset?



a. mining right

, b. copyright

c. market share

d. contract - ANSWERSc. market share



Which may NOT be a characteristic of intangible assets?



a. may be bought, sold, licensed, or rented and are subject to the rights of private ownership

b. are developed through the passage of time and are not typically created at an identifiable time

c. may have a determinate life established by law, by contract, or by economic behavior

d. can be purchased or developed internally - ANSWERSb. are developed through the passage of time
and are not typically created at an identifiable time



Per paragraph 36 of VS section 100, what are the three frequently used market approaches for
intangibles? - ANSWERS1. comparable uncontrolled transactions method

2. comparable profit margin method

3. relief from royalty method



Which is not one the three frequently used market approach methods for intangibles?



a. guideline public company method

b. comparable uncontrolled transactions method

c. comparable profit margin method

d. relief from royalty method - ANSWERSa. guideline public company method



The replacement cost method to valuing intangible assets is generally used to value



a. an assembled workforce

b. covenants not to compete

c. tradenames

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.49
  • (0)
  Add to cart