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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. Which of the following functions is a Subject Objective?

A) Function Q
B) Function P
C) Function O
D) Function R

2. During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:

A) Organizing
B) Operating
C) Planning
D) Maintaining

3. Which type of value is the sum of labor, material, and other resources required to produce the subject?

A) Exchange Value
B) Use Value
C) Esteem Value
D) Cost Value

4. Which of the following defines the nominal rate of increase in the value of money over time, after subtracting for inflation?

A) Simple Payback (or Breakeven Point)
B) Present Worth (or Net Present Value)
C) Return on Investment (ROI)
D) Discount Rate

5. Function E is the:

A) Required Secondary Function
B) Higher Order Function
C) Secondary Function
D) Basic Function

Solutions: