Which of the Following Is Not Normally Viewed as an Adjustment

question 59

Multiple Choice

Which of the following is not normally viewed as an adjustment to the principal of an estate?

• A) Dividends declared prior to death.
• B) Investment commissions and other costs.
• C) Funeral expenses.
• D) Insurance expenses.
• E) Debts incurred prior to death.

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Definitions:

Distribution of Data

The way values in a dataset are spread or dispersed, showcasing patterns that can include normal, skewed, or uniform distributions.

Variable

Any characteristic, number, or quantity that can be measured or quantified, which may change across different conditions or over time.

Cumulative Percent

The percentage that represents the cumulative total of a data set up to a certain threshold, often used in statistical analysis.

Frequency Distribution

An overview of how often each unique value occurs in a dataset, often visualized with histograms or tables.