An Executor Will Normally Carry Out All the Following Tasks

question 2

Multiple Choice

An executor will normally carry out all the following tasks except:

• A) Distribute property to beneficiaries.
• B) Settle claims against the decedent.
• C) Inventory property existing at the date of death.
• D) Prepare estate tax returns.
• E) Account to the probate court.

Understand the role and functionality of class and standard modules in a database.

Recognize the methods to secure an Access database.

Differentiate between different types of modules and their specific functions.

Describe how to improve database performance and the tools involved.

---

Definitions:

Accounts Receivable

Amounts owed to a business by its customers for goods or services sold on credit.

Subsidiary Ledger

A detailed ledger that contains the individual accounts needed to support a major ledger account, such as accounts receivable, where individual customer accounts are detailed.

Control Account

An account used in the general ledger to summarize and keep track of transactions relating to a specific aspect of a company's finances, such as accounts receivable or payable.

General Ledger

A comprehensive record of all financial transactions within an organization, serving as the foundation for a company's financial statements.