List and describe the key individuals or parties involved in the writing and carrying out of a will.
What will be an ideal response?
1. Testator–the person who is writing the will and who is leaving their items or their wishes to survivors.
2. Executor–the person designated by the testator to carry out the terms of the will, such as distributing property.
3. Guardian–the person designated by the testator to care for minor children or pets.
4. Beneficiary–the person designated to receive the benefits, such as assets, from the will.
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A weakness in the capital budgeting process is the funds for an investment proposal obtained by
issuing bonds, and the respective interest payments, are not considered in the capital budgeting process. Indicate whether the statement is true or false
You want to open a sushi bar 3 years from now, and you plan to save $7,000 per year, beginning immediately. You will make 3 deposits in an account that pays 5.2% interest. Under these assumptions, how much will you have 3 years from today?
A. $20,993 B. $22,098 C. $23,261 D. $24,424 E. $25,645
Managerial and supervisory development primarily focuses on:
a. conducting performance appraisals b. taking care of employees c. recruitment and hiring processes d. coordinating employee disciplinary procedures