Which Is NOT a General Rule of Distribution Under Most

question 14

Multiple Choice

Which is NOT a general rule of distribution under most states' intestate succession statutes?

• A)If an intestate decedent is survived by a spouse and children who are all born to the surviving spouse and decedent, the spouse receives a lump sum of money and/or a portion of the estate, and the children receive the remainder of the estate equally
• B)If an intestate decedent is survived by a spouse and children, some of whom are not the children of the surviving spouse, the spouse receives a lump sum of money and/or a portion of the estate, and only the children born to both the decedent and the surviving spouse receive the other half of the estate.
• C)If an intestate decedent has no surviving spouse or kindred relatives, the state receives the decedent's property.
• D)If an intestate decedent has no surviving spouse or lineal descendants but is survived by a parent and other collateral relatives, the parent will receive the estate.

---

Definitions:

Work in Process

Inventory that represents partially completed goods which are still in the production process.

Actual Manufacturing Overhead Cost

The actual costs incurred for indirect manufacturing expenses, such as utilities, rent, and maintenance.

Year

A period of time consisting of 12 months or 365 days, used as a basic unit for measuring time in relation to the earth's orbit around the sun.

Cost of Goods Available for Sale

The total cost of inventory that a business has ready for sale, comprising both beginning inventory plus the cost of goods manufactured.