MGMT 640 FINAL EXAM –
VERIFIED QUESTIONS WITH
CORRECT ANSWERS (2025–
2026)
Which of the following is not a standard of
value? - CORRECT ANSWERS-Inherent value
, Valuation reports must follow the same
format for litigation and non-litigation
purposes. - CORRECT ANSWERS-False
[Select all that apply] Select the
organizations that award valuation
credentials. Points will be removed for
incorrect selections. - CORRECT ANSWERS-
AICPA, NACVA, ASA, IBA
A detailed valuation report is required for
which of the following engagements? -
CORRECT ANSWERS-Gifting purposes and
Estate Tax
VERIFIED QUESTIONS WITH
CORRECT ANSWERS (2025–
2026)
Which of the following is not a standard of
value? - CORRECT ANSWERS-Inherent value
, Valuation reports must follow the same
format for litigation and non-litigation
purposes. - CORRECT ANSWERS-False
[Select all that apply] Select the
organizations that award valuation
credentials. Points will be removed for
incorrect selections. - CORRECT ANSWERS-
AICPA, NACVA, ASA, IBA
A detailed valuation report is required for
which of the following engagements? -
CORRECT ANSWERS-Gifting purposes and
Estate Tax
