<div>International Valuation Standards 2022 - Exam</div> <div style="text-align: center;"><em><span style="font-size: 10pt;">This test is designed to assess the knowledge of Cluster's Valuation Team regarding the IVS.</span></em></div> <div style="text-align: center;"><em><span style="font-size: 10pt;">Prepared by one of your own: Yahya Hijjawi</span></em></div> <div style="text-align: center;"><span style="font-size: 10pt;">Best of luck!</span></div>

A valuation assignment which IVS 101 (Scope of Work) is intended to apply is:

Valuations performed by valuers for their own benefit

Valuations performed by valuers for clients other than their employers

Valuations conducted by the auditor of the company under valuation

Valuations conducted by valuers to share with the public eye

Which of these statements is TRUE regarding IVS 103 (Reporting):

The report could set out a clear and accurate description of the scope of the assignment

A report must provide the intended users with a clear understanding of the valuation

The valuation report could be prepared by any related party with the company under valuation

A report could not include the purpose of the valuation

A Valuation Report must include precise elements. Tick the correct answer(s):

The approach or approaches adopted

The name of the report reviewer

The intended users

The date of the report

One of the following concepts is NOT defined in the Bases of Value in IVS:

Liquidation Value

Market Value

Terminal Value

Synergistic Value

Check the statement(s) which support the responsibilities of the valuer when allocating (apportioning) value:

Adopt appropriate methodologies

Set out a clear and accurate description of the purpose and intended use of the allocation

Follow some applicable legal or regulatory requirements

Discuss the details with third party valuers

One of the following is NOT a principal valuation approach:

Market Multiples Approach

Brand Valuation Approach

Income Approach

Cost Approach

Examples of common differences that could warrant adjustments to the comparables include:

Geographical location

Historical and expected growth

Business Capital Structure

Differences related to marketability and control characteristics

The following statement is either TRUE or FALSE concerning the DCF Approach:

Under the DCF method the forecasted cash flow is discounted back to the
valuation date, resulting in a present value of the asset.

True

False

Components of WACC calculation include:

Equity Risk Premium

Internal Rate of Return

Unlevered Beta

Company Size Risk

When concluding the Fair Value of a company's valuation, which of the following options would be considered:

100% weight allocated to DCF only

100% weight allocated to Market Multiples only

50%-50% weights allocated between DCF and MM

All of the above

International Valuation Standards 2022 - Exam

This test is designed to assess the knowledge of Cluster's Valuation Team regarding the IVS.

Prepared by one of your own: Yahya Hijjawi

Best of luck!

More Quizzes

International Valuation Standards 2022 - Exam This test is designed to assess the knowledge of Cluster's Valuation Team regarding the IVS. Prepared by one of your own: Yahya Hijjawi Best of luck!

More Quizzes

International Valuation Standards 2022 - Exam

This test is designed to assess the knowledge of Cluster's Valuation Team regarding the IVS.

Prepared by one of your own: Yahya Hijjawi

Best of luck!