Who Has the Highest Priority for Consideration as Personal Representative

question 9

Multiple Choice

Who has the highest priority for consideration as personal representative of a decedent's estate?

• A)Devisee of the decedent other than the spouse
• B)Non-devisee surviving spouse of the decedent
• C)Other heirs of the decedent
• D)Creditor of the decedent

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Definitions:

Not-for-profit Organization

An organization that operates for purposes other than generating profit, where surplus revenues are reinvested to further its mission.

Static Budget

A fixed budget that does not change or adapt to variations in business activity levels throughout the fiscal year.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, enabling more accurate budgeting in variable cost categories.

Single Level

Referring to a structure or system that operates or is organized at one layer or stage without any subdivisions or hierarchical levels.