The Person Setting Up a Trust Is Called The

question 10

Multiple Choice

The person setting up a trust is called the:

• A)grantor.
• B)trustee.
• C)attorney.
• D)beneficiary.
• E)owner.

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Definitions:

European Parliament

The legislative body of the European Union that is directly elected and works alongside the Council of the European Union to enact legislation.

Management Approach

A strategic method in accounting and reporting where the organization’s internal management framework influences the structure and content of its financial and sustainability reports.

Mandatory Disclosure

The requirement for organizations to publicly reveal certain information, governed by regulatory bodies to ensure transparency and accountability in operations.

Accounting Standard

Official guidelines for financial reporting and accounting practices that companies must follow.