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Basic Question 2 of 2

Which statement(s) is (are) true? The asset-based approach:

I. may be appropriate for companies that are worth more in liquidation than as a going concern.
II. cannot be used to value intangible assets.

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

explain and evaluate the effects on private company valuations of discounts and premiums based on control and marketability;

CFA® 2025 Level II Curriculum, Volume 4, Module 25.