in preparing the market approach from various data bases, which of the following items is least important? analyzing companies form the same industry analyzing companies that are siggilar in size (sales, assets) analyzing sales during the last few years analyzing sales in the same geographic territories Question 40 (1 point) Listen Of the three approaches, which approach (for an ongoing entity) do we usually provide the least weight? market approach income approach asset approach all three approaches should be given equal weight (33 1/3%) for every valuation assignment Which of the following statements is NOT correct? suggested content for a valuation report are purpose and intended use of the valuation but not the applicable standard of value the capitalization rate is either equal to or lower than the discount rate if a company prepares their taxes as a sole proprietorship, this is more complex for preparing all three approaches valuation standards require us to consider all three approaches: market, income and asset Question 38 (1 point) Listen If a valuation is prepared on a closely held business which order of standards of value represents the most likely highest to lowest concluded values: investment value, fair value, fair market value fair market value, fair value, investment value fair value, fair market value, investment value investment value, fair market value, fair value