Which of the following statements concerning the letter of last instructions is false?
A)
It should provide information on your estate.
B)
It should name your current financial and business advisors.
C)
It should explain why you have structured your bequests the way you did.
D)
It should legally determine your beneficiaries.
D
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External factors are dominant influences on jobs filled via:
A. demotions. B. transferring employees. C. hiring graduates. D. promotions.
In the ________ of forecasting, the marketing manager might simply rely on his or her own opinion to predict sales, based on experience and other qualitative knowledge gained from reading trade publications and talking to industry representatives at
trade shows. A) executive opinion method B) sales force method C) delphi method D) moving averages method
Which of the following is a typical control for debt obligations?
a. The board of directors approves all new debt. b. The stockholders approve all new debt. c. The CFO approves all new debt. d. Upper managers approve all new debt.
Jurisdiction-specific corporate laws limit directors' freedom to declare dividends. Which of the following is/are true?
a. The board may declare dividends "out of capital," that is, debited against the contributed capital accounts, which result from fund-raising transactions with owners. b. The board may not declare dividends "out of earnings" by debiting them against the Retained Earnings account, which results from earnings transactions. c. "Capital" may mean the par or stated value of outstanding common shares or the total amount paid in by shareholders. d. No jurisdictions allows corporations to declare dividends out of the earnings of the current period even if the Retained Earnings account has a debit (negative) balance because of accumulated losses from previous period e. none of the above