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NEW QUESTION: 1
Tex Payor has invested in Invest4U Mutual Fund shares at various times over the last eight years. In the past year, he has sold some of the shares purchased. To determine the cost basis of these shares, Tex:
A. must use last in/first out (LIFO) accounting to determine his cost basis.
B. can choose to sell specific shares in order to minimize or maximize his cost basis, whichever is more beneficial given his tax circumstances.
C. must use first in/ first out (FIFO) accounting to determine his cost basis.
D. should use dollar cost averaging to determine his cost basis.
Answer: B
Explanation:
Explanation/Reference:
Explanation: To determine the cost basis of share he has bought at various time over the last eight years, Tex can choose to sell specific shares in order to minimize or maximize his cost basis, whichever is more beneficial given his tax circumstances. If Tex doesn't specify shares, the IRS will assume the first shares purchased were the first shares sold (FIFO) in determining Tex's cost basis. The LIFO method cannot be assumed when determining the cost basis of the shares Tex owns, and dollar cost averaging is an investment strategy, not a method used in determining a cost basis.
NEW QUESTION: 2
A network technician discovers an issue with spanning tree on the core switch.
Which of the following troubleshooting steps should the network technician perform NEXT to resolve the
issue?
A. Test a theory to determine the cause
B. Establish a plan of action
C. Escalate to a senior technician
D. Establish a theory of probable cause
E. Identify the symptoms
Answer: D
NEW QUESTION: 3
Which statements ate true when the following policy is used? Select all that are correct.
<SpikeArrest continueOnError="false" name="Arrest">
<Rate>5ps</Rate>
</SpikeArrest>
A. Spike arrest is calculated separately on each message processor, so you could end up with significantly more than 5 calls in a second
B. The rate of 5 per second indicates that 5 requests can be made at any time during a second: but the 6th and later requests dunng the same second would be rejected
C. The continueOnError setting means that normal flow processing will resume even if the traffic exceeds the spike arrest rate
D. It is possible to make fewer than 5 requests in a second and still cause a spike arrest
Answer: B,C
NEW QUESTION: 4
What is a "dimension"?
A. Data that can be aggregated across the client's dimensions; i.e. currencies, can be formula-based.
B. Data elements that can be Searched or made available through the transaction view.
C. Data the client intends to filter or further breakdown; used to run crosstabs and submit feedback.
D. The total spend reflected in the spend cube.
Answer: C
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