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NEW QUESTION: 1
During face-to-face meetings with the regulatory authority to address submission issues, what is the
BEST choice for the number of company representatives who should attend?
A. All senior management from the main office
B. As many as government attendees
C. As many as required by international standards
D. The minimum number of attendees necessary to address the issues
Answer: D
NEW QUESTION: 2
Which actions does the system perform by default when you save a confirmation for a finished product in repetitive manufacturing? Note: There are 3 correct answers to this question.
A. Posting of production costs to the production cost collector
B. Posting of goods receipt for the product
C. Archiving of documents for assembly scrap
D. Reduction of associated capacity requirements
E. Material staging for next order in sequence
Answer: A,B,D
NEW QUESTION: 3
In addition to substantial probate assets, a married man with two minor children has a $1,000,000 ordinary life insurance policy payable to his estate. He wants to make certain that if he predeceases his wife the death proceeds will be available to provide income for his wife during her lifetime and to provide for their two children after her death. He would like the policy and/or its death proceeds to be as free of federal gift and estate taxes as possible with respect to both him and his wife. Which of the following courses of action would best accomplish these objectives?
A. Establish a revocable intervivos trust and designate the trustee to receive death proceeds
B. Assign the policy to his wife who will establish a revocable intervivos trust to receive the death proceeds
C. Assign the policy to an irrevocable intervivos trust with five and five powers and designate the trustee to receive the death proceeds
D. Designate his wife as beneficiary and she will establish a testamentary trust in her will to receive the proceeds at her subsequent death
Answer: C