Which of the Following Is True Regarding Disposition of a Person's

question 5

Multiple Choice

Which of the following is true regarding disposition of a person's body?

• A)Federal laws regulate the disposition of a person's body and property upon death.
• B)According to English law, no one owns a dead body.
• C)In the United States, the decedent's body is "property" of the decedent's estate.
• D)If one makes a statement in one's will regarding funeral arrangements, the statement is legally binding on one's survivors.

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Definitions:

Infrequent Occurrence

Events or transactions that are not expected to happen regularly or often within the normal course of business.

Accounting Principle

Fundamental guidelines or rules that govern the accounting process, ensuring that financial statements are accurate, reliable, and consistent.

Accounting Estimate

An approximation of a financial statement element, item, or account in the absence of exact data.

Prospective Approach

A method of accounting that applies new standards or changes in accounting policy to transactions occurring after the date of the change or standard implementation.