Which of the Following Statements Best Characterizes Business Valuation

question 20

Multiple Choice

Which of the following statements best characterizes business valuation?

• A) Valuation is almost a perfect science.
• B) Because there are so many intangibles, valuation is mostly an art.
• C) The buyer determines the value of a business.
• D) Negotiation skills play an important part in valuation.

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Definitions:

Gift-Cards

Prepaid stored-value money cards, issued by a retailer or bank, used as an alternative to cash for purchases within a particular store or related businesses.

Team Excellence

The achievement of superior outcomes and performance by a group, through effective collaboration, communication, and coordination.

Personal Values

The core beliefs or standards that individuals hold as being of paramount importance, guiding their behavior and decisions.

Leadership Function

The role or actions taken by a leader to influence, guide, and direct a group towards achieving certain goals or objectives.