A Will Would Not Be Valid If

question 112

Multiple Choice

A will would not be valid if

• A)the estate is small.
• B)there is only one child.
• C)the person just remarried.
• D)the entire estate is to go to the spouse.

Calculate departmental net income using revenue and expense data.

Differentiate between direct and indirect expenses and their allocation to departments.

Allocate indirect expenses based on appropriate bases such as square footage, number of employees, or other relevant factors.

Prepare and interpret departmental income statements, including contribution margin.