Board-Certification-in-Business-Valuation-BCBA-(BCBA).pdf -...

BCBA
Real-Estate
Board Certification in Business Valuation(R) (BCBA)

QUESTION: 237
Which of the following is NOT a common category of intangible assets?
QUESTION: 238
____________ is a specialized classification of intangible and its categories are creative
(e.g. copyrights) and innovative (e.g. patents).
QUESTION: 239
The cost approach provides a systematic framework for estimating the value
intangible asset based on the economic principle of:
of an
QUESTION: 240
An intangible’s deficiencies are considered curable when the prospective economic
benefit of enhancing or modifying it exceeds the current cost (in terms of material, labor,
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and time) to change it. An intangible’s deficiencies are considered incurable when:
A. The current costs of enhancing or modifying it (in terms of material, labor and time)
can not exceed the expected future economic benefits of improving it
B .The current costs of enhancing or modifying it (in terms of material, labor and time)
exceed the expected future economic benefits of improving it
C. Cost encompasses all of the deficiencies
D. Reproduction cost exceeds the actual production cost
Answer: B