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NEW QUESTION: 1
Ryan, age 57, is single with no dependents. On July 1, 1997, Ryan's principal residence was sold for the net amount of $500,000 after all selling expenses. Ryan bought the house in 1963 and occupied it until sold. On the date of sale, the house had a basis of $180,000. Ryan does not intend to buy another residence. What is the maximum exclusion of gain on sale of the residence that may be claimed in Ryan's 1997 income tax return?
A. $0
B. $125,000
C. $320,000
D. $250,000
Answer: D
Explanation:
Explanation
Choice "b" is correct. $250,000 maximum exclusion from taxable income.
Rule: An individual may exclude from income up to $250,000 gain provided that the property was the taxpayer's primary residence for 2 of the last 5 years. Married taxpayers may exclude gains up to
$500,000.
Choice "a" is incorrect. $320,000. Ryan, age 57, was not married. Thus, his exclusion was limited to
$250,000.
Choice "c" is incorrect. The $125,000 exclusion was old law and eliminated for sales after 5/6/97.
Choice "d" is incorrect, per the above rule.
NEW QUESTION: 2
DRAG DROP You have a Lync Server 2013 infrastructure that contains one Standard Edition Front End Server named Lyncl. You use an account named Admin1 to sign in to Lync 2013. You need to modify the Line URI of some users. The solution must ensure that updated Line URI information is available in your address book as quickly as possible. You sign out of Lync 2013. Which three actions should you perform next? To answer, move the three appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation:
Box 1:
Box 2:
Box 3:
Note:
*Set-CsUser Modifies Lync Server properties for an existing user account. Properties can be modified only for accounts that have been enabled for use with Lync Server.
*Update-CsAddressBook for Address Book Management Forces the specified Address Book servers to synchronize their contents with the User database.
*Update-CsUserDatabase Forces the back-end user database to clear its replication status with Active Directory. This causes the database to re-read all the user-related information stored in Active Directory Domain Services
(AD DS).
*Sync-CsUserData
Synchronizes user data between a pair of Microsoft Lync Server 2013 pools.
NEW QUESTION: 3
An environment is configured to use Compatible Query Mode (CQM).
Which statement is true about request flow?
A. OLAP, Relational and DMR components reside in the same Query Planning layer.
B. OLAP, UDA and DMR components reside in the same Query Execution layer.
C. OLAP, DMR and Relational components reside in the same Query Execution layer.
D. OLAP, DMR and Relational components reside in the same Adapters layer.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
OLAP style queries, like those against SAP BW, Oracle Essbase and IBM Cubing Services type data sources, will go to the OLAP query planner.
References: The IBM Cognos 10 Dynamic Query Cookbook (2010), page 7
NEW QUESTION: 4
You have developed a MAF application and want to distribute it through public application marketplaces such as the Apple App Store and Google Play.
Identify the two essential tasks you must perform before publishing your application.
A. Update the IDE's JDK to the latest version and repackage your MAF application.
B. Edit the application's deploymentprofiles and set the build mode to debug. This will enable you to troubleshoot the application remotely on your customer's device.
C. Ensure that the settings incvm.propertiesandlogging.propertiesare suitable for a production deployment.
D. Avoid updating your MAF version in order to prevent regressions.
E. Check if Oracle made a MAF update available. If so, install it and repackage your MAF application to ensure that it conforms to the latest requirements for the target marketplaces.
Answer: A,E
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