CFA Practice Question

There are 201 practice questions for this study session.

CFA Practice Question

Which approach is the most appropriate for companies that were recently formed and have limited operating histories?
A. Income approach
B. Market approach
C. Asset-based approach
Explanation: Such companies usually don't have any intangible assets and the approach can be used to value its tangible assets only.

User Contributed Comments 3

User Comment
malawyer SURE - Nowadays we value Start-ups based on their 2 desks and 2 laptops ;-)
janis36 True story.
adamrej lol guys!
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