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Under the Revised Uniform Principal and Income Act,gains or Losses

Question 23

Multiple Choice

Under the Revised Uniform Principal and Income Act,gains or losses incurred on investments that occur after the death of the decedent


A) are considered to be income of the estate.
B) are included in the inventory fair value at the time of death.
C) are taxed separately from other estate income.
D) are adjustments to the principal of the estate.

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