Which of the Following Is TRUE

question 53

Multiple Choice

Which of the following is TRUE?

• A)A trustee is not the legal owner of the property that she or he is administering.
• B)A constructive trust is a relationship that exists between a trustee and beneficiary.
• C)The legal owner of trust property is the true owner of the property.
• D)A trustee is the legal owner of the property that she or he is administering.
• E)The beneficiary of a trust cannot enforce the trust in his or her favour.

---

Definitions:

Balanced Scorecard

An approach to strategic planning and management designed to ensure that an organization's activities are in harmony with its vision and strategy, to improve communication within and outside the organization, and to oversee the performance of the organization against its strategic targets.

Incentive Pay

Additional compensation awarded to employees for achieving specific targets or exceptional performance.

Performance Measures

Indicators or metrics used to evaluate the efficiency, effectiveness, and quality of an organization's operations or the productivity of its employees.

Long-Term Goals

Objectives set to be achieved over a longer period, often exceeding one year, focusing on significant future achievements.