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All the following statements concerning lifetime gifts are correct EXCEPT:
A. If a wealthy widower lives more than 3 years after making a taxable gift to his sister, the value of the gift has no effect on his federal estate tax liability.
B. The amount of gift tax paid within 3 years of death is included in the gross estate.
C. A substantial amount of property may be given away over a period of time without the imposition of the federal gift tax because of the annual exclusion.
D. Gifts of life insurance within 3 years of death are included in the donor-insured's gross estate.
Answer: A
NEW QUESTION: 2
Which Cisco Unified Border Element configuration is correct for a Cisco Unified Contact Center Enterprise with Cisco Unified Customer Voice Portal and Cisco Unified Border Element deployment?
A. You must dedicate a voice gateway for VXML browser sessions.
B. You must use box-to-box Cisco Unified Border Element redundancy.
C. You must configure Cisco Unified Border Element as media pass flow-around mode.
D. You must configure Cisco Unified Border Element as media pass flow-through mode.
Answer: D
NEW QUESTION: 3
An internal auditor is reviewing a new automated human resources system. The system
contains a table of pay rates which are matched to the employee job classifications. The best control to ensure that the table is updated correctly for only valid pay changes would be to:
A. Require that all pay changes be signed by the employee to verify that the change goes to a bona fide employee.
B. Limit access to the data table to management and line supervisors who have the authority to determine pay rates.
C. Ensure that adequate edit and reasonableness checks are built into the automated system.
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NEW QUESTION: 4
Non-compliant resources identified through the use of AWS Config Rules are automatically removed from operational service.
A. False
B. Only if it remains non-compliant for more than 6 hours
C. It depends on the Rule configuration
D. True
Answer: A
Explanation:
Each time a change is made to one of your supported resources, AWS config will check its compliance against any Config Rules that you have in place. If there is a violation against these rules then AWS Config will send a message to the Configuration Stream via SNS and the resource will be marked as `noncompliant'.
It's important to note that this does not mean the resource will be taken out of service or it will stop working. It will continue to operate exactly as it is with its new configuration. AWS Config simply alerts you that there is a violation and it's up to you to take the appropriate action.
Reference:
http://docs.aws.amazon.com/config/latest/developerguide/evaluate-config_view-compliance.html
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