The Rate of Return on Total Assets Measures How Effectively

question 66

True/False

The rate of return on total assets measures how effectively management has used the assets of the company.

---

Definitions:

Estate Planning

The process whereby an individual decides what to do with his or her real and personal property during and after life.

Living Will

A document in which a person expresses his or her advance directives.

Holographic Will

A will entirely handwritten, dated, and signed by the testator, which in some jurisdictions, is accepted as valid without being witnessed.

Oral Will

An Oral Will, also known as a nuncupative will, is a will that has been spoken aloud in front of witnesses, rather than written down, valid only in certain jurisdictions.