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NEW QUESTION: 1
Capital assets include:
A. A corporation's accounts receivable from the sale of its inventory.
B. Seven-year MACRS property used in a corporation's trade or business.
C. A manufacturing company's investment in U.S. Treasury bonds.
D. A corporate real estate developer's unimproved land that is to be subdivided to build homes, which will
be sold to customers.
Answer: C
Explanation:
Explanation
Choice "c" is correct. Investment assets of a taxpayer that are not inventory are capital assets. The
manufacturing company would have capital assets including an investment in U.S. Treasury bonds.
Choice "a" is incorrect. Accounts receivable generated from the sale of inventory are excluded from the
statutory definition of capital assets.
Choice "b" is incorrect. Depreciable property used in a trade or business is excluded from the statutory
definition of capital assets.
Choice "d" is incorrect. Land is usually a capital asset, but when it is effectively inventory, as when it is
used by a developer to be subdivided, it is excluded from the statutory definition of capital assets.
NEW QUESTION: 2
Multiple WLCs are implemented in a high-availability configuration in a mobility group. APs are deployed with only a primary controller assigned. By default, which mobility group member controller do the orphaned APs join in the event of a failed controller?
A. controller with the least number of associated APs
B. controller with the most available AP free license capacity
C. controller with the lowest percent of associated APs per license capacity
D. controller with the least CPU utilization over the last reporting period
Answer: A
Explanation:
https://mrncciew.com/2013/04/07/ap-failover/
NEW QUESTION: 3
You need to plan storage to support App1.
Which storage configuration should you select?
A. Table storage
B. Queue storage
C. 8 data drives aggregated in a storage space
D. Blob container with a block BLOB
Answer: C
Explanation:
Explanation/Reference:
Explanation:
"A server named SERVER1 hosts a database that is used by Appl".
"The size of the database for App1 must be increased to 8 TB".
8 data drives aggregated in a storage space will give us the required 8 TB of disk space for the App1
database.
NEW QUESTION: 4
If OWD is private for a custom object Position, then a user can view only those Position records
which are owned by him if no one down the role hierarchy below him has created any Position
record and t here is no sharing rule on Position object.
A. Always true
B. Not always true
Answer: B
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Feedbacks
Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
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