Three Months After Emma Died,her Executor Received the Final $10,000

question 129

Multiple Choice

Three months after Emma died,her executor received the final $10,000 installment of Emma's Super Lottery winnings from the state.Which of the following statements is true?

• A)The $10,000 is both included in Emma's gross estate,and subject to tax on her estate's income tax return.
• B)The $10,000 is subject to tax only on her estate's income tax return.
• C)The $10,000 is included only in Emma's gross estate.
• D)The $10,000 is subject to neither income nor estate tax,because it was received after Emma's death.

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Definitions:

Ecological Efficiency

A measure of the energy transfer between different trophic levels in an ecosystem, typically representing how much energy from a lower level is available for use at the next level.

Trophic Level

The position that an organism occupies in a food chain, which is a measure of its feeding level.

Decomposers

Organisms, such as bacteria and fungi, that break down dead organisms and waste materials into simpler substances.

Ecological Efficiency

The efficiency with which energy is transferred from one trophic level to the next in an ecosystem, notably low due to the second law of thermodynamics.