MATCHING: -A Personal Representative Appointed by the Court When a Will

question 10

Multiple Choice

MATCHING:
-A personal representative appointed by the court when a will maker does not name an executor or the named executor cannot serve

• A)special administrator
• B)administrator cum testamento annexo
• C)administrator de bonis non
• D)public administrator
• E)ancillary administrator
• F)Letters Testamentary
• G)Letters of Administration
• H)surety bond
• I)Decree of Distribution
• J)final account
• K)disclaimer

Discuss the impact and management of family and friends in a business setting.

Understand different types of employee assessments and their purposes.

Recognize legal considerations in employment, including classifications and physical examinations.

Identify strategies for employee development and orientation.

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Definitions:

Net Sales

Total sales revenue minus returns, allowances for damaged or missing goods, and discounts.

Quarterly

Occurring every three months or four times a year, often used in the context of financial reports and payments.

Inventory Turnover

A metric indicating the number of times a business's stock is sold and replenished during a specific timeframe.

Net Sales

Sales revenue minus deductions for returns, allowances for damaged or missing items, and discounts.