Identify Which of the Following Statements Is True

question 44

Multiple Choice

Identify which of the following statements is true.

• A) Casualty or theft losses incurred during the administration of the estate are not deductible on the estate tax return.
• B) There is a limitation of $100,000 on the charitable contribution deduction for estate tax purposes.
• C) Administrative expenses are not deductible on the estate's income tax return.
• D) All of the above are false.

---

Definitions:

Erosional Remnant

A mountain or hill that remains when adjacent areas have eroded to lower levels.

Anticline

A type of fold in sedimentary strata that resembles an arch, with the oldest beds at its core.

Syncline

A fold in sedimentary strata that resembles a trough, where the youngest rocks are at the core of the fold.

Crust Thickness

The measure of the depth or the vertical extent of the Earth's crust, varying between oceanic and continental regions.