In Valuing a Company That Sells Products and Services, Is

question 25

Multiple Choice

In valuing a company that sells products and services, is the most important factor in the valuation of closely held firms.

• A)management effectiveness
• B)profit
• C)cash on hand
• D)earnings capacity

---

Definitions:

Bank Reconciliation

The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.