A CPA Acting as an Executor of an Estate

question 26

Multiple Choice

A CPA acting as an executor of an estate:

• A) Owes a duty of loyalty to the deceased
• B) Owes a duty of loyalty to the deceased's heirs
• C) Owes a duty of loyalty to the deceased's closest living relative
• D) Owes a duty of prudent management, but does not owe a duty of loyalty

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Definitions:

Snellen Eye Chart

A chart used to measure visual acuity, consisting of rows of letters decreasing in size, used by healthcare professionals during eye examinations.

Ptosis

Sagging or downward movement of the upper eyelid.

Ectropion

A condition where the eyelid turns outward, exposing the inner eyelid surface and causing irritation.

Basal Cell Carcinoma

A common form of skin cancer that arises from basal cells, characterized by slow growth and primarily affecting areas exposed to the sun.