In: Finance
All of the following is always true about valuation date EXCEPT:
| a. | 
 Only information that is known or knowable as of the specific valuation date should be incorporated into a business valuation  | 
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| b. | 
 The valuation date is the same as the date of the valuation report produced  | 
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| c. | 
 It is generally easiest if the valuation date coincides with the date of the company’s reported financial statements  | 
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| d. | 
 The valuation date should be specifically defined at the time of engagement  | 
(b) is not true. The valuation date is not the same as the date of the valuation report produced.
(a) is true because only information that is known/knowable can be incorporated.
(c) is true. This makes valuation easier
(d) is true. This must be defined