Which of the Following Is Untrue Regarding the Revocation of a Will

question 49

Multiple Choice

Which of the following is untrue regarding the revocation of a will?

• A) There can be a partial revocation.
• B) An inadvertent destruction of a will acts as a revocation.
• C) The execution of a second will does not of itself constitute a revocation of an earlier will.
• D) Divorce does not ordinarily revoke a will.

---

Definitions:

Cost Of Production Report

A report prepared periodically by a processing department, summarizing (1) the units for which the department is accountable and the disposition of those units and (2) the costs incurred by the department and the allocation of those costs between completed and incomplete production.

Cost Of Goods Sold

The cost of finished goods available for sale minus the ending finished goods inventory.

Equivalent Units

A concept used in cost accounting to express the amount of work done by incomplete units in terms of fully completed units.

First-In, First-Out

An inventory valuation method that assumes the first items placed in inventory are the first sold.