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1. What is an industry risk factor?

Aggressive incentive programs

Significant related-party transactions

New accounting requirements

Significant accounts based upon estimates

All of the above

2. In litigating bankruptcies:

Business valuations make no sense.

The court might direct the valuation expert to ignore the company's excessive debt and value the company as if it had a normal debt level.

The court prohibits many types of business valuation methods.

The valuation expert must be very conservative in his/her valuation amounts.

None of the above

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91975371

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