In Preparing for Succession,the Senior Generation Has Certain Responsibilities

Multiple Choice

In preparing for succession,the senior generation has certain responsibilities.One of these is that:

A) the estate of the senior generation should be settled and audited.
B) the senior generation should hold the next generation accountable for their actions.
C) the business should have a formal audit of the financial statements.
D) the next generation should develop long term plans for leadership and be held to these plans.