Free ABV Exam Braindumps (page: 26)

Page 25 of 87

Proprietary technology is also counted in intangibles such as, a trained and assembled workforce, special know-how, customer relationships, supplier relationships, or other intangible assets that make the company available competitors and give it earning power. Some closely held business owners call these intangibles:

  1. Blue sky
  2. Good will
  3. Patents
  4. A or B

Answer(s): D



An analysis of fixed and variable expenses will help the analyst understand:

  1. The extent to which increased or decreased volume will affect operating margins
  2. What can be done to make the company more profitable and what are the associated costs?
  3. The lack of compliance with revenues
  4. Overfunded and underfunded factors

Answer(s): A



To get an explanation or interpretation of something on the financial statements, or to consult working papers for details that augment the financial statements, it may be necessary to interview the company's outside independent accountant. This is most often the case when:

  1. The financial statements are not audited
  2. Not completely footnoted
  3. Contain some kind of unqualified opinion by the independent accountant
  4. Contain some kind of unqualified opinion by the attorney and banker

Answer(s): A,B



are excellent sources of statistical, analysis ad projections of regional, national and international economic and financial conditions.

  1. Bank reviews
  2. Bank letters
  3. Federal reserve bulletin
  4. Economic summaries

Answer(s): B






Post your Comments and Discuss Financial ABV exam with other Community members:

ABV Discussions & Posts