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Question 4: The definition of specific business interest can be broken down into two broad questions:
1.-Is the valuation to be a valuation of assets or a valuation of securities?
2)-In either case, exactly what assets or what securities are subject to valuation? By securities
in above context, we mean:
A. Ownership interests; such as marketable securities and commercial papers
B. Ownership interests; such as stock, dept and partnership interests
C. Partnership interests
D. Equity or invested capital
Correct Answer: B
5. Valuation of
must be specified. For example, the assignment might include
language such as” ...engaged to estimate the fair market value of the fixed assets, inventory,
and goodwill, on a going-concern basis of...”
A. Assets
B. Securities
C. Cooperatives
D. Partnerships
Correct Answer: A
1   2   3   4   
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