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NEW QUESTION: 1
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How do you proceed?
A. Create a named scenario and change all values there.
B. Use Slice to Excel and change all values there.
C. Create a named Sandbox and change all values there.
D. Use Snapshot to Excel and change all values there.
Answer: C
NEW QUESTION: 2
In addition to substantial probate assets, a married man with two minor children has a $1,000,000 ordinary life insurance policy payable to his estate. He wants to make certain that if he predeceases his wife the death proceeds will be available to provide income for his wife during her lifetime and to provide for their two children after her death. He would like the policy and/or its death proceeds to be as free of federal gift and estate taxes as possible with respect to both him and his wife. Which of the following courses of action would best accomplish these objectives?
A. Assign the policy to his wife who will establish a revocable intervivos trust to receive the death proceeds
B. Assign the policy to an irrevocable intervivos trust with five and five powers and designate the trustee to receive the death proceeds
C. Designate his wife as beneficiary and she will establish a testamentary trust in her will to receive the proceeds at her subsequent death
D. Establish a revocable intervivos trust and designate the trustee to receive death proceeds
Answer: B
NEW QUESTION: 3
Vault policies are deny by default
A. TRUE
B. FALSE
Answer: A
Explanation:
Everything in Vault is path-based including policies. Policies provide a declarative way to grant or forbid access to certain paths and operations in Vault.
Policies are deny by default, so an empty policy grants no permission in the system.
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Aalk - 2014-05-05 16:45:18
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