The Value of a Business Changes Over Time Because

question 67

Multiple Choice

The value of a business changes over time because:

• A) the impact of the business valuation is minimized when timed properly.
• B) the risk involved in operations do not change.
• C) the estimates reflects the timing of what economic, industry, and firm conditions are at the time of valuation.
• D) the factors influencing the valuation can be controlled.

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Definitions:

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or to a specified person.

Compliance

Adhering to rules, standards, or laws, or the act of following orders, guidelines, or requests from others.

Extrinsic Motivation

Motivation driven by external rewards, such as money, recognition, or praise, rather than by intrinsic interest or satisfaction in the task itself.

Maximum Effort

The highest level of effort or energy someone can expend toward achieving a task or goal.