Which of the following is true about wills?
A. A will can be amended to change specific terms by execution of a codicil.
B. The testatrix cannot disinherit her minor children without stating a reason in the will.
C. If the will meets the legal technicalities, the surviving spouse cannot override it.
D. Once a will is written, it cannot be changed.
Answer: A
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U.S. GAAP and IFRS require separate income statement display of income from continuing operations and _____earnings that will not continue because the firm either sold, or made a decision to sell, a portion of its business). Such a requirement aids users of the income statement in predicting future earnings
a. income from discontinued operations b. extraordinary items c. changes in accounting principles d. sale of individual assets e. none of the above
Interest arbitration replaces pressure tactics as a means to resolve the negotiating impasse in the public sector.?
Indicate whether the statement is true or false
Over the years, Janjigian Corporation's stockholders have provided $15,250 of capital, part when they purchased new issues of stock and part when they allowed management to retain some of the firm's earnings. The firm now has 1,000 shares of common stock outstanding, and it sells at a price of $42.00 per share. How much value has Janjigian's management added to stockholder wealth over the years, i.e., what is Janjigian's MVA?
A. $21,788 B. $22,935 C. $24,142 D. $25,413 E. $26,750
Which of the following is an advantage of prepackaged software?
A) It requires a short implementation time. B) It includes new features that a company requires. C) It is always well-fitted to enterprise architecture. D) It has high overall costs.