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NEW QUESTION: 1
DRAG DROP
Answer:
Explanation:
Explanation:
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NEW QUESTION: 2
Several business units reported problems with their systems after multiple security patches were deployed. The FIRST step in handling this problem would be to:
A. assess the problems and institute rollback procedures, if needed.
B. immediately contact the vendor regarding the problems that occurred.
C. disconnect the systems from the network until the problems are corrected.
D. immediately uninstall the patches from these systems.
Answer: A
Explanation:
Assessing the problems and instituting rollback procedures as needed would be the best course of action. Choices B and C would not identify where the problem was, and may in fact make the problem worse. Choice D is part of the assessment.
NEW QUESTION: 3
During a review of an organization's network threat response process. The IS auditor noticed that the majority of alerts were closed without resolution. Management responded that those alerts were unworkable due to lack of actionable intelligence, and therefore the support team is allowed to close them. What is the best way for the auditor to address the situation?
A. Omit the finding from the report as this practice is in compliance with the current policy
B. Reopen unactioned alerts and report to the audit committee
C. Further review closed unactioned alerts to identify mishandling of threats
D. Recommend that management enhance the policy and improve threat awareness training
Answer: C
NEW QUESTION: 4
Tex Payor owns 500 shares of Amazon.com, Inc. that he bought seven years ago when the stock price was $18 a share, at which time he paid a commission of $12.95 to purchase the stock. At the beginning of this year, Amazon was selling for $89 a share. Today, December 31st, Amazon's stock closed at $152 a share.
Based on this information, what must Tex include on this year's tax return as taxable income from his investment in Amazon?
A. the value of the stock on December 31st minus the price he paid for it, which includes the commission he paid, divided by the 7 years he has owned the stock: $152 - ($18 + $12.95) x 500 shares = $60,525
÷ 7 = $8,646
B. none of the above
C. only the capital appreciation on the stock this year: $63 a share x 500 shares = $31,500
D. the capital appreciation on the stock this year minus the commission he originally paid to purchase the stock:($63 - $12.95) x 500 = $25,025
Answer: B
Explanation:
Explanation/Reference:
Explanation: None of the selections is the amount that Tex must include as taxable income on this year's tax return from his investment in Amazon. Until Tex sells his shares of Amazon.com, he has earned only unrealized capital gains, which are not subject to taxation. When Tex sells his shares, he will then have realized capital gains and must pay tax on those gains.
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Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
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