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NEW QUESTION: 1
Which two are benefits of servlets? (Choose two.)
A. Their lifecycles are managed by the container.
B. They can produce dynamic content in response to web client requests.
C. They represent data in a persistent store.
D. They allow you to embed Java code in HTML files.
Answer: A,B
NEW QUESTION: 2
Jake's Uncle Zeke gave Jake and his new bride 100 shares of the stock of Southwest Airlines (LUV) when they got married. Uncle Zeke had paid $16.60 for the stock several years earlier, but it was selling for only
$12.10 on the day of the wedding. Jake and his bride are unimpressed with the stock's performance a few months later and decide to sell it for $11.00, its market price at that point.
What are the tax consequences of the sale for the newly wedded couple?
A. Jake and his bride will have a long-term capital loss of $110 to offset other income.
B. Jake and his bride will have a short-term capital loss of $560 to offset other income.
C. Jake and his bride will have a long-term capital loss of $560 to offset other income.
D. Jake and his bride will have neither a taxable gain nor a capital loss to declare.
Answer: A
Explanation:
Explanation/Reference:
Explanation: If Jake and his bride sell the stock of LUV for $11.00 when it was selling for $12.10 on the day that they received it, they will have a long-term capital loss of $110 to offset other income. In this situation, the relevant cost basis is the value of LUV on the day of the wedding. Therefore, the loss is calculated as ($11 - $12.10) x 100 = -$110. The holding period is based on the holding period of the donor, so the loss is considered to be a long-term capital loss. In a gift situation, there are two cost bases. In the case of an asset that has depreciated in value, as in this instance, if the recipient sells the gifted property for less than its market value on the day he received it, the cost basis is considered to be the market price on the day the gift was received. If, on the other hand, the property has appreciated in value and the gift recipient sells the gifted property for more than the cost basis of the donor, then his gain is based on the cost basis of the donor, not the price at which the property was selling on the day the gift was received. If the selling price is somewhere between the two values, there is neither a taxable gain nor a taxable loss for the gift recipient to declare.
NEW QUESTION: 3
Which three statements about IS-IS are true? (Choose three.)
A. IS-IS is directly encapsulated in the data link layer.
B. IS-IS is an IETF standard.
C. 0XFEFE is used in the Layer 2 header to identify the Layer 3 protocol.
D. IS-IS uses protocol ID 93.
E. IS-IS is not encapsulated in IP.
F. IS-IS can be used to route the IPX protocol.
Answer: A,C,E
NEW QUESTION: 4
As a portfolio manager, you realize the importance of communication for the success of a portfolio. You are now developing the portfolio management plan and are looking for the portfolio current risks status including high risks. Which of the following contains what you are looking for?
A. Portfolio Management Plan
B. Portfolio Reports
C. Portfolio Process Assets
D. Portfolio Charter
Answer: C
Explanation:
Explanation
The risk register contains all of the risks with their statuses including high risks. Risk registers are part of the Portfolio Process Assets
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