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Which of the Following Elements Is Not Part of a Management

question 57

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Which of the following elements is not part of a management control system?


Definitions:

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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