Personal vs. Entity Goodwill

BVR's Webinar Series
Thursday, June 7, 2012
12:00am-2:00am PT • 3:00am-5:00am ET

Self-Study CPE Exam

Before taking the exam below, please review the program's recording and transcript, and the course and exam materials available in the webinar's Training Pack.

Once you submit an exam with a minimum of 7 correct answers, you will be redirected to pay a $100.00 CPE processing fee. Once the fee is paid, BVR will review your exam and send you a CPE certificate along with all of the correct exam answers via email.

Successful completion of this exam will earn 2.0 CPE credits. It must be completed and submitted within 12 months of purchase in order to receive credit.

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Exam Questions

Select the best answer to each question. Review questions are not required for CPE credits.

  1. The decision in Yoon v. Yoon defined personal goodwill as revenue being generated on:

  1. Personal goodwill:

  1. In measuring personal goodwill considerations like location, work force size, and business name are important because they:

  1. In the case of Martin's Ice Cream the court ruled that, in this case, personal relationships were property of an individual and not a business because:

  1. Personal goodwill is typically found in which of the following valuation engagements:

  1. In the hypothetical example of ABC Corp., the key question was:

  1. The presenters suggest a method of goodwill allocation that divides all goodwill into how many categories:

  1. Pure personal goodwill:

  1. A valuation opinion letter must provide supporting evidence of goodwill:

  1. In most divorce jurisdictions:

Your exam will be graded upon submission. If you have answered 7 or more of the questions correctly, you will be redirected to pay the $100.00 CPE processing fee. If you have not answered at least 7 questions correctly, you will be prompted to retake the exam.

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