The most important element(s) in selecting a business valuation professional include which of the following: (Select only one)
A) Overall experience
B) Demonstrated ability in the industry in which the firm to valued competes
C) Degree of specialization
D) Number of professional degrees
E) A and B only

Question

Quizplus · Accepted Answer

The overall experience and demonstrated ability in the industry are the most important elements in selecting a business valuation professional as they ensure that the professional has the necessary knowledge and skills to accurately value the business. The degree of specialization and number of professional degrees may be relevant, but are not as important as overall experience and industry knowledge. Therefore, the best choice is E.

The Most Important Element(s) in Selecting a Business Valuation Professional