A master budget actually includes a number of related budgets

Indicate whether the statement is true or false.

TRUE

Business

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Alan Curtis, a U.S. citizen, died on March 1, 2016, leaving an adjusted gross estate with a fair market value of $3.4 million at the date of death. Under the terms of Alan's will, $2,375,000 was bequeathed outright to his widow, free of all estate and inheritance taxes. The remainder of Alan's estate was left to his mother. Alan made no taxable gifts during his lifetime. In computing the taxable estate, the executor of Alan's estate should claim a marital deduction of

A. $2,250,000 B. $2,375,000 C. $1,700,000 D. $1,025,000

Business

Which of the following best describes the kind of sales organization structure that sells a product or product line to all markets?

A) product/product system B) market/market system C) product/market system D) market/customer system

Business