Examlex
Which of the following elements is not part of a management control system?
Making A Will
The legal process through which an individual specifies how their assets should be distributed after death.
Testator
A person who has made a will, especially one that is legally valid.
Incomplete Disposition
The failure to fully deal with or dispose of an asset or a legal matter.
Trust Property
Refers to assets held in a trust, managed by a trustee on behalf of the beneficiaries of the trust according to the terms of the trust agreement.
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