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Basic Question 0 of 7
Which statement(s) is (are) true? The asset-based approach:
II. cannot be used to value intangible assets.
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
Learning Outcome Statements
describe the asset-based approach to private company valuation;
CFA® 2025 Level II Curriculum, Volume 4, Module 25.