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HP2-I60 Exam Forum | New HP2-I60 Exam Duration & HP2-I60 Latest Exam Duration - Cads-Group

  • Exam Number/Code : HP2-I60
  • Exam Name : Selling HP Component MPS (cMPS) 2024
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
Refer to the exhibit.

When the link between RtrB and RtrC goen down, multicant receivern ntop receiving traffic from the nource for
multicant group 229.1.1.1.Which nolution will renolve thin?
A. creating a GRE tunnel between RtrB and RtrD
B. adding a ntatic mroute on RtrB and RtrF
C. enabling PIM nparne mode on both endn of the link between RtrB and RtrF
D. adding a ntatic unicant route on RtrB and RtrF
Answer: C
Explanation:
For multicant traffic to flow, PIM munt be enabled on all routern in the path of the multicant ntream.

NEW QUESTION: 2
Cobb, an unmarried individual, had an adjusted gross income of $200,000 in 1990 before any IRA
deduction, taxable social security benefits, or passive activity losses. Cobb incurred a loss of $30,000 in
1 990 from rental real estate in which he actively participated. What amount of loss attributable to this
rental real estate can be used in 1990 as an offset against income from nonpassive sources?
A. $30,000
B. $12,500
C. $25,000
D. $0
Answer: D
Explanation:
Explanation
Choice "a" is correct. Cobb may not use any of the loss attributable to his rental real estate as an offset
against income from nonpassive sources in 1990 because he does not qualify for the "Mom and Pop"
exception. Under this exception, up to $25,000 of passive losses and the deduction equivalent of tax
credits that are attributable to rental real estate may be used as an offset against income from nonpassive
sources. This $25,000 allowance is reduced, but not below zero, by 50% of the amount by which the
individual's modified AGI exceeds $100,000. The $25,000 is therefore completely phased out when
modified AGI reaches $150,000. Because Cobb's AGI was $200,000, he did not qualify for the exception.
Choices "b", "c", and "d" are incorrect. Rental activities are passive activities and generally are not
allowed to use any of the loss attributable to the rental activity to offset any income produced from
nonpassive sources. There is a limited exception in the case of losses from rental real estate in which the
taxpayer actively participates, but Cobb did not qualify for it.

NEW QUESTION: 3
Which meta-character can be used as a wildcard to match a single character in a given position?
A. An asterisk (*)
B. A dollar Sign ($)
C. A period (.)
D. A forward slash (/)
Answer: B

 

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