IFPUG ABV exam - in .pdf

ABV pdf
  • Exam Code: ABV
  • Exam Name: Accredited in Business Valuation (ABV)
  • Q & A: 344 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: ABV
  • Exam Name: Accredited in Business Valuation (ABV)
  • Q & A: 344 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
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IFPUG ABV exam - Testing Engine

ABV Testing Engine
  • Exam Code: ABV
  • Exam Name: Accredited in Business Valuation (ABV)
  • Q & A: 344 Questions and Answers
  • Software Price: $59.99
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IFPUG ABV Exam Syllabus Topics:

SectionObjectives
Topic 1: Qualitative and Industry Analysis- Business and economic factors
  • 1. Industry risk assessment
    • 2. Company-specific risk evaluation
      Topic 2: Valuation Approaches and Methods- Income, market, and asset-based approaches
      • 1. Discounted cash flow (DCF) analysis
        • 2. Comparable company and transaction methods
          Topic 3: Valuation Reporting and Standards- Reporting requirements
          • 1. Valuation report structure and disclosures
            • 2. Compliance with AICPA valuation standards
              Topic 4: Financial Statement Analysis- Analysis techniques
              • 1. Ratio and trend analysis
                • 2. Normalization adjustments
                  Topic 5: Business Valuation Fundamentals- Core valuation principles
                  • 1. Valuation standards and ethical requirements
                    • 2. Purpose and objectives of valuation engagements

                      IFPUG Accredited in Business Valuation (ABV) Sample Questions:

                      1. The application of any discounts should always be taken in the context of:

                      A) The ultimate rate of return produced for the interest
                      B) A, B, C
                      C) The legal documents that control the rights and restrictions of the interest holder
                      D) The level of value that is taken from


                      2. The in perpetuity for cash flow translates point for point into the capitalization rate for that variable.

                      A) Revenue growth rate
                      B) Expected growth rate
                      C) Actual growth rate
                      D) Relative growth rate


                      3. Which of the following are categories in which projections are usually necessary?

                      A) Infringement of patents, copyrights or trademarks
                      B) Diversified businesses
                      C) Goodwill
                      D) Antitrust, lost business opportunity, breach of contract


                      4. If the seller is in a low tax bracket and the buyer in a high one, it may be advantageous to:

                      A) Structure the program to increase the interest rate and increase the price
                      B) Structure the program to increase the interest rate and lower the price
                      C) Structure the program to decrease the interest rate and decrease the price
                      D) Structure the program to decrease the interest rate and increase the price


                      5. The extent to which the valuation multiples are tightly clustered or widely dispersed tends to indicate the extent to which the market focuses on that particular valuation multiple in pricing companies in the particular industry is known as:

                      A) None of the above
                      B) Market Acquisition Model
                      C) Apparent Market Reliance
                      D) Liquidity Ratio Analysis


                      Solutions:

                      Question # 1
                      Answer: B
                      Question # 2
                      Answer: B
                      Question # 3
                      Answer: A,D
                      Question # 4
                      Answer: B
                      Question # 5
                      Answer: C

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