Which of the following statements is correct?

	a.	The purpose of the valuation will influence the standard of value; the methodologies used; the level of research performed; and, possibly, the date of valuation
	b.	The level of data available for the valuation of small and mid-sized companies tends to be much less than the amount of data available for larger public companies
	c.	Since valuation analysts are experts, the do not understand the purpose of the assignment before the valuation process begins
	d.	Valuing smaller businesses is simple because small firms are simple, by definition, and have lots of public information available.