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NACVA Exam CVA Topic 4 Question 70 Discussion

Actual exam question for NACVA's CVA exam
Question #: 70
Topic #: 4
[All CVA Questions]

_____________________ list can yield insight into the company's profitability, liquidity and even viability. However, many relatively small companies do not prepare them.

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Suggested Answer: D

by Raylene at Jul 05, 2023, 02:24 PM

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Rosio
2 months ago
Aged receivables list is the way to go. It's like a crystal ball for your company's future - if you can see the invoices piling up, you know it's time to start sending some strongly worded letters.
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Cordelia
9 days ago
C) Inventory list
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Glory
16 days ago
B) Receivables list
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Pamella
1 months ago
A) Aged receivables list
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Rodrigo
2 months ago
B for sure. Aged receivables are the financial equivalent of a ticking time bomb. You don't want to be the one caught holding the detonator.
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Karrie
2 months ago
But not all companies prioritize preparing these lists, which can be a problem.
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Stanford
2 months ago
Hmm, I'm tempted to say D. You can't have a profitable business without keeping close tabs on your inventory. Although, I do enjoy a good aged receivables list - it's like a financial detective story!
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Gail
1 months ago
I prefer looking at the aged receivables list, it's like solving a mystery!
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Layla
1 months ago
I agree, keeping track of inventory is crucial for a profitable business.
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Lai
2 months ago
I agree, knowing what assets the company has can help with decision-making.
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Hoa
2 months ago
I think it's important to have an inventory list for a company.
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Coleen
2 months ago
I believe a prepaid expense list is also crucial for understanding the company's financial position.
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Keena
2 months ago
I agree, knowing the company's outstanding receivables can help assess its financial health.
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Mariann
2 months ago
I'd go with B. Knowing what's outstanding and for how long is key to spotting potential problems early on.
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Jamal
22 days ago
D) Inventory list
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Carey
24 days ago
C) Prepaid expense list
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Gilma
28 days ago
B) Aged receivables list
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Maira
2 months ago
A) Receivables list
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Joesph
2 months ago
The aged receivables list is crucial for understanding the company's financial health. Unpaid invoices can really put a strain on cash flow.
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Cecil
2 months ago
I think it's important to have an aged receivables list for financial analysis.
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