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CEPA: Questions With Accurate Solutions (Solved)
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CEPA: Questions With Accurate Solutions (Solved)Percent of owner's wealth in business Right Ans - 80-90
Percentage of family transitions survive into next gen Right Ans - 30
Percentage of privately held businesses offered for sale each year that don't
sell Right Ans - 80%
5 ds Right Ans - death disability divorce distress disagreement
4 cs Right Ans - human customer social structural
3 legs of the stool - define success areas Right Ans - personal financial
business
Gates value acceleration method Right Ans - discover prepare decide
When the triggering event is delivered during the value acceleration method
Right Ans - discover
Strategic value w ebitda Right Ans - recasted ebitda * ebitda market
multiple
Strategic value w sales Right Ans - recasted sales * sales market multiple
Includes a personal financial and business attractiveness and readiness
assessment correlated to a business definition Right Ans - triggering event
A specific set of behaviors and techniques that companies need to master in
order to have a competitive advantage. systematic process of rigorously
discussing the how and what's core element of org's culture, pursuit of reality
and constant improvement Right Ans - relentless execution
When do you create action plans Right Ans - alignment
What percent of things aren't getting done because of a process problem
Right Ans - 80
, What management philosphy is value acceleration methodology based on
Right Ans - master planning
Triggering event and prioritized action plan (no more than 5 business and 5
personal). Alignment of personal, financial and business goals Right Ans -
discovery gate
Implementation mode, persona and financial planning team, business
improvements team. two paths! - personal and financial. Prepare a master
plan and phase recycles every 90 days Right Ans - prepare gate
Ask do I want to keep going or do I want to exit? done in form of workshop.
Initiate selected transition program Right Ans - decide gate
Company’s recasted ebitda as a percent to sales compared to industry
recasted ebitda as a percent to sales. Sales remains constant. Right Ans -
profit gap
Client’s current valuation compared to what client would be valued at if they
were operating at best in class and same level of sales.
Best in class value - actual value
best in class ebitda * best in class multiple = best in class value
ajusted ebitda * market multiple dependent on average attractiveness and
readiness score Right Ans - value gap
Which of the following is generally not addressed in a revocable living trust?
Right Ans - recipients of IRAs
Most significant advantage of revocable living trust Right Ans - avoidance
of probate
Value of a particular invecstor based on idividual investment requirements
and expectations Right Ans - standard value
2 concurrent paths Right Ans - business and personal/financial
1 goal Right Ans - drive value
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