If the Personal Representative Has Been Named in the Will,he

question 25

Multiple Choice

If the personal representative has been named in the will,he or she is known as the:

• A) executor.
• B) administrator.
• C) testator.
• D) legacy.

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Definitions:

FICO

A data analytics company known for creating the most widely used consumer credit scores that determine creditworthiness.

Payroll Liabilities

Obligations arising from payroll, including amounts owed to employees for wages and salaries and amounts due to government agencies for payroll taxes.

FICA

The Federal Insurance Contributions Act; it mandates a payroll tax equally shared between employees and employers to fund Social Security and Medicare.

Time Tracking Preferences

Customizable options in time-tracking software that allow users to configure how time is recorded, categorized, and reported.