Certified Valuation Analyst

Here you have the best NACVA CVA practice exam questions

You have 251 total questions across 51 pages (5 per page)
These questions were last updated on February 18, 2026
This site is not affiliated with or endorsed by NACVA.

Question 1 of 251

The United State is by far the world leader in markets for both publicly traded securities and closely held businesses and business interests. Two factors have combined to accelerate the spread of U.S technology in financial appraisals and market throughout the world. Which of the following is/are of those factors?

Rapidly increasing international flow of capital

Growing privatization of formerly socially owned businesses in almost every country of the world.

Increased inflation in major parts of the world

Secondary market securities trading phenomenon

Question 2 of 251

When specifying, who is to provide the valuation services, the important distinction is whether the client is retaining the appraisal firm itself or the individual appraiser employed by the firm. The common practice is:

To retain the individual appraiser rather than the firm

To retain the firm rather than individual appraiser, even though the expert witnesses testify based upon their individual expertise and opinions

To retain the individual since the firm is responsible for completing the assignment regardless of impairment the individual’s capability to perform the work

To retain firm as such practice also tends to provide discontinuity in retention of working papers and related records, marking them accessible if they are

Question 3 of 251

S corporations, limited liability corporations, limited liability partnerships, family limited partnerships, professional corporations, real estate investment trust, investment companies registered under the investment company act of 1940 and personal holding companies are the examples of:

General and limited partnerships

Cooperatives

Entities’ structures giving rise to special legal or tax considerations (specified structure)

Companies following valuation standards

Question 4 of 251

The definition of specific business interest can be broken down into two broad questions:
1)-Is the valuation to be a valuation of assets or a valuation of securities?
2)-In either case, exactly what assets or what securities are subject to valuation? By securities in above context, we mean:

Ownership interests; such as marketable securities and commercial papers

Ownership interests; such as stock, depth and partnership interests

Partnership interests

Equity or invested capital

Question 5 of 251

Valuation of ___________must be specified. For example, the assignment might include language such as" ...engaged to estimate the fair market value of the fixed assets, inventory, and goodwill, on a going-concern basis of..."

Assets

Securities

Cooperatives

Partnerships

About the NACVA CVA Certification Exam

About the Exam

The NACVA CVA (Certified Valuation Analyst) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 251 practice questions across 51 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our CVA questions are regularly updated to reflect the latest exam objectives.