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NEW QUESTION: 1
In general, the primary destination for an internal link is _____.
A. PeopleSoft node
B. PeopleSoft page
C. PeopleSoft transfer
D. PeopleSoft pagelet
E. PeopleSoft portal
Answer: B
NEW QUESTION: 2
Tex Payor purchased 1,000 shares of Stocks4U, a mutual fund with a 5% front-end load, on February
2 6th.The fund's net asset value on that date was $30.40 and its offer price was $32.Tex sold his shares
on March 15th of the following year for $45 a share. What were the tax consequences for Tex?
A. Tex must pay taxes on $45,000, which will be taxed at a preferential long-term capital gain rate under
current tax law.
B. Tex must pay taxes on $14,600, which will be taxed at a preferential long-term capital gain rate under
current tax law.
C. Tex must pay taxes on $13,000, which will be taxed at a preferential long-term capital gain rate under
current tax law.
D. Tex must pay taxes on $14,600, which will be taxed as ordinary income at Tex's marginal tax rate.
Answer: C
Explanation:
If Tex purchased 1,000 shares of Stocks4U at its offer price of $32 on February 26th and
sold his shares the following year on March15th for $45 a share, he must pay taxes on $13,000, which will
be taxed at a preferential long-term capital gain rate under current tax law.
Tex's gain is calculated based on the price he paid for the shares, which included the front-end load, or
$ 32. Since he sold the shares for $45, his gain was $13 a share, or $13,000 for his 1,000 shares. His
holding period began the day after his purchase, or February 27th, and ended on the day he sold his
shares on March 15th. Since this is longer than twelve months, his gain will be taxed at a preferential
long-term capital gain rate under current tax law.
NEW QUESTION: 3
Which three methods write to the RFT log? (Choose three.)
A. logDefect()
B. logSuccess()
C. logWarning()
D. logError()
E. logInfo()
Answer: C,D,E
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