MCQ questions:

1. In valuing a small geographically concentrated business, which of these types of economic data should be considered?

a. National, regional, local

b. International, national, regional, local

c. Regional, local

d. Local only

2. Which industry outlook factors are generally the most important in supporting valuation assumptions?

a. Regulatory and legal issues

b. Unemployment figures

c. Growth rate, profit margin and risk

d. Minority discounts and control premiums

3. Items used to support growth rate in the capitalized flow method of the income approach include

a. Inflation

b. All the above

c. Historical company growth rate

d. Nominal GDP

e. Industry growth rate