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CVA Level 1 Certification Questions & Verified Answers PDF | Comprehensive Certified Valuation Analyst Exam Prep | 2026–2027

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Prepare for the CVA Level 1 (Certified Valuation Analyst) examination with this comprehensive Practice Exam Questions & Answers PDF, designed for accounting, finance, valuation, and business professionals preparing for valuation certification. The resource covers key business valuation principles, valuation approaches and methods, financial statement analysis, normalization adjustments, cash flow analysis, discount rates, capitalization rates, market approach, income approach, asset-based approach, discounted cash flow (DCF), comparable companies, transaction multiples, valuation standards, professional ethics, report preparation, and interpretation of valuation results. The National Association of Certified Valuators and Analysts (NACVA) offers the Certified Valuation Analyst credential and provides valuation training and certification resources for professionals performing business valuations. () Ideal for valuation coursework, certification preparation, practice testing, and comprehensive review, this high-yield resource helps reinforce fundamental valuation concepts, strengthen financial analysis and problem-solving skills, and prepare candidates for CVA

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CVA Level 1 Practice Exam




Which breed will need to be groomed regularly? D. All of the above.
A. Lhasa Apso.
B. Keeshond.
C. Chow.
D. All of the above.


Feline infectious peritonitis has a mortality rate of about 100%
_____.


Which of the following statements is correct? B. The flea medication should be applied directly to the skin
A. The flea medication should be applied to the top of
the fur
B. The flea medication should be applied directly to the
skin
C. The flea medication should be applied with a
cottonball
D. The flea medication should be applied with cotton
applicators


Hunting dogs rely on their ________. Sense of smell.


Veterinarians do not need assistants to practice False
medicine efficiently., true or false?


Which animal lacks homing instincts and will be lost if Skunk
wandering away from home?


When asked to place an animal in a lateral recumbent On its side, lying down
position, you should place it
A. On its back, lying down
B. On its side, lying down
C. With its backside up
D. Facing you


On what body parts are topical medications used? D. All of the above.
A. Eyes.
B. Ears.
C. Skin.
D. All of the above.


OTC and prescription drugs require a doctor's false
prescription
true or false?

, CVA Level 1 Practice Exam


When working in a veterinary hospital, 'adjusting to C. Both A and B
change' is important. Which is an example of that?
A. New Drugs/Medications
B. Working with different veterinarians
C. Both A and B
D. None of the above


Which of the following statements is NOT true D. Birds should be held around the rib cage to prevent them from moving.
regarding the handling of avians?
A. Turning off the lights can aid in the capture of birds.
B. A paper towel or thin material can be used to capture
small birds.
C. Offering treats to a bird may provide the distraction
needed to perform a quick procedure or examination.
D. Birds should be held around the rib cage to prevent
them from moving.


What should you watch out for when feeding and E.All of the above
medicating patients?
A. Lack of appetite
B. Refusal to take medications
C. Constipation or diarrhea
D. Lethargy
E. All of the above


2. Collimation of the x-ray beam: D. Both A and C
A. should be done to expose as large an area as
possible
B. turns the beam at a 90 degree angle to x-ray patients
that are standing
C. reduces scatter radiation and unnecessary exposure
to the x-ray beam
D. Both A and C


3. Characteristics of a dog's eyes that you need to pay D. All of the above.
attention to are?
A. Direct stare or avoidance of eye contact.
B. Pupil size.
C. How open the eyes are.
D. All of the above.


4. Ultrasound machines should be kept in the busiest B. FALSE
area of the hospital for quick access.
A. TRUE
B. FALSE

, CVA Level 1 Practice Exam
5. Which is true regarding urine, vomit, feces and anal C. Odors will take more time to dissipate the longer these items are left in the
gland secretions? room
A. Odors will not be a problem as long as they are left
in the room's trash can
B. These eliminations should not be cleaned up for 10
minutes, just in case a technician needs to see it.
C. Odors will take more time to dissipate the longer
these items are left in the room
D. Only vomit and anal gland secretions will cause a
foul odor.


6. The use of ___________ can reduce the number of people D. Both A and B are correct.
involved in taking an Xray.
A. Chemical restraint.
B. Positioning devices.
C. Thyroid sheilds.
D. Both A and B are correct.


7. How long can you leave canned food out after it's B. No longer than 2 hours.
offered to an animal?
A. As long as it takes the animal to eat it.
B. No longer than 2 hours.
C. 6 hours
D. 2-4 hours




8. Which technique provides the most sterile sample of B. Cystocentesis
the following collection methods?
A. Catheterization.
B. Cystocentesis.
C. Free catch.
D. Cystocytosis.


9. Which statement is NOT true when preparing a dog C. Tough mats are easier to work out during the bath
or cat for a bath?
A. Brushing out the animal's coat prepares the animal's
skin by removing dead skin and hair.
B. Nail trims and anal gland expression is often included
in the process.
C. Tough mats are easier to work out during the bath.
D. It's important to disinfect the table and any combs or
brushes used after each animal.


10. If you notice something that was missed during the A. True
physical exam, you should notify the veterinarian in a
tactful way
A. True
B. False

, CVA Level 1 Practice Exam
11. What does SOP stand for? D. Standard Operating Procedure
A. Same Operational Process
B. Standard Owner Preferences
C. Some Options Presented
D. Standard Operating Procedure


14. Post-it notes placed throughout the reception desk D. Creates a cluttered appearance
area:
A. Keeps things organized
B. Is a good filing system
C. Is a great way to keep track of all messages
D. Creates a cluttered appearance


15. Which horse color has distinct markings that include C. Dun
a dark stripe down the middle of their back?
A. Appaloosa
B. Buckskin
C. Dun
D. Sorrel


16. Heartworm disease in cats can be treated with: D. There is no treatment for feline heartworm disease
A. Oral medication
B. Injectable medication
C. Diet therapy
D. There is no treatment for feline heartworm disease


17. Why is Brucellosis in humans called "undulant fever?" B. It causes fevers that rise and fall.
A. It causes a constant fever.
B. It causes fevers that rise and fall.
C. There is never a fever associated with it.
D. Fever is the only symptom associated with it.


19. What protection should be taken when handling D. All of the above.
chemotherapeutic drugs?
A. Double gloves.
B. Impenetrable mask.
C. Protective eye wear.
D. All of the above.




20. This animal can weigh between 35 and 150 pounds A. Pot-Bellied Pig
A. Pot-Bellied Pig
B. Rabbit
C. Hedgehog
D. Ferret

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