alleryStart learning →Why must a valuer state the valuation date clearly?
AValue changes, so it is stated as of a date
BThe date decides the valuer's fee
CCourts accept only 31 March values
DInterest rates never change after it
Answer & Solution
Correct answer: A. Value changes, so it is stated as of a date
Since the value of things fluctuates, a valuation is only meaningful as of a stated date such as a quarter or year end.
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