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Author Question: Which of the following is situation commonly drives a business valuation engagement? A) ... (Read 61 times)

cherise1989

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on: Jul 6, 2018
Which of the following is situation commonly drives a business valuation engagement?
 
  A) hypothecation of assets
  B) shareholder dispute
  C) hedging a company's derivatives
  D) determination of dividend payout

Question 2

Tonka Services receives a bill for a three-month liability insurance policy. The transaction would involve a
 a. debit to Insurance Expense.
   b. debit to Prepaid Insurance.
   c. credit to Insurance Expense.
   d. credit to Cash.


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Jayson

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B
Explanation: B) Business valuations are most commonly driven by one of three situations-litigation, transactions, and tax matters.

Answer to Question 2

b


cherise1989

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Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

Bigfoot1984

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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