10. All of the following statements describe income in respect of a decedent, EXCEPT: (A) (B) (C) Commissions earned by a decedent but paid after the decedent's death Royalties attributable after the decedent's death Dividends declared on stock owned by the decedent, but not yet paid at his or her death Rental payments owed on a decedent's property, for the period of time up until his or her death (D) 11. Under current federal tax legislation, income in respect of a decedent" is: (A) (B) (C) (D) Taxable income to the deceased's estate Taxable income to the decedent Not taxable income Taxable income to the recipient of such income 12. Which of the following types of income would generally be considered "income in respect of a decedent"? (A) (B) (C) A salary earned by and paid to a decedent prior to his or her death Rental income earned by an estate subsequent to a decedent's death A prize won by a decedent prior to his or her death but paid subsequent to his or her death Interest earned subsequent to a decedent's death on securities included in his or her estate (D) 13. It would be more advantageous to deduct administrative fees from the federal income tax assessed against the deceased's estate instead of the deceased's gross estate for estate tax purposes when: (A) The gross estate is less than $3,000,000 (B) The estate is in the top income tax and estate tax brackets. (C) It would eliminate some of the state inheritance tax. (D) The executor wants to reduce the taxable estate