How are claims against a decedents estate discovered by an executor? a. Public notice must be printed

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How are claims against a decedent’s estate discovered by an executor?

  a. Public notice must be printed in an appropriate newspaper to alert all possible claimants.
  b. The executor waits for nine months until all possible bills have been received.
  c. The executor directly contacts all companies that the decedent did business with.
  d. Claims the estate is to pay are limited to all of the bills received but not paid prior to the date of death.

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Advanced Accounting

ISBN: 978-1259444951

13th edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni

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