Identify Which of the Following Statements Is False

question 105

Multiple Choice

Identify which of the following statements is false.

• A)State trust law preempts the trust document when defining income.
• B)The Uniform Act on principal and income requires depreciation to be charged against income.
• C)A statement in the trust instrument concerning the allocation of depreciation to principal or income overrides a provision of state law.
• D)The Uniform Act allocates royalties to both principal and income.

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Definitions:

Bimodal

Pertaining to or having two modes, often used in statistics to describe distributions with two different peaks or in communications to refer to systems that use two distinct methods of operation.

Visual Modalities

The various ways in which information can be visualized or perceived through sight, including through graphs, images, and videos.

Kinesthetic

Kinesthetic relates to learning through physical activities rather than passive listening or watching, often involving the sense of movement.

Accepted

Being received or recognized as valid, suitable, or fulfilling certain requirements or criteria.