Which of the Following Is Not a Characteristic of Both

question 163

Multiple Choice

Which of the following is not a characteristic of both the Federal gift tax and the Federal estate tax?

• A)A deduction for state death taxes may be available.
• B)A charitable deduction is available.
• C)A marital deduction is available.
• D)An exclusion amount is available in computing the tax.
• E)None of the above.

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Definitions:

Bullwhip Effect

The Bullwhip Effect describes the phenomenon where variability in consumer demand causes progressively larger fluctuations in demand experienced by upstream suppliers in a supply chain.

Efficient Frontier

In finance, a set of optimal portfolios that offer the highest expected return for a given level of risk or the lowest risk for a given level of expected return.

Responsiveness

The ability of an organization or system to quickly react to changes or needs within its environment or among its stakeholders.

Supply Chain

The network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and eventually to the end user.