Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

Exercise 13

Wilson Waltman died on January 1, 2014. All of his property was conveyed to beneficiaries on October 1, 2014. For federal estate tax purposes, the executor chose the alternate valuation date. On what date was the value of the property determined
A) January 1, 2014.
B) July 1, 2014.
C) October 1, 2014.
D) December 31, 2014.