Intellectual property rights are an example of intangible property

Financial plans generally tend to ignore which one of the following?

A. dividend policy B. manager's goals and objectives C. risks associated with cash flows D. operating capacity levels E. capital structure policy

All of the following would be allowed as deductions from the gross estate in computing the taxable estate except

A. Funeral expenses paid out of the estate. B. Debts owed by the decedent at the time of death. C. Income tax on income received after the decedent's death. D. Casualty and theft losses that occurred during settlement of the estate.