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.

Grasp the mechanics and implications of buying stocks on margin, stock splits, and selling short.

Understand investment strategies such as dollar-cost averaging, initial public offerings (IPO), and direct investment plans.

Understand the concept of stock market dynamics, including bubbles and market capitalization.

Grasp different stock investment strategies and techniques.

---

Definitions:

ABC Analysis

ABC Analysis is an inventory categorization technique that divides items into three categories (A, B, and C) based on their importance and value, with A being the most valuable.

Critical Items

Goods or components crucial for the manufacturing process or customer satisfaction, often given higher priority in inventory management.

Inventory

The total amount of goods stored by a company that is ready or will be ready for sale.

Service Inventory

Intangible goods in a service operation that cannot be stored or inventoried in the traditional sense, such as available hotel rooms or hours of consulting.