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NEW QUESTION: 1
Which of the following is used to classify network data for the purpose of providing QoS?
A. VLANs
B. SIP
C. STP
D. DSCP
Answer: D
NEW QUESTION: 2
You are installing an EMC Data Domain system with two expansion shelves in a customer-provided rack. When cabling the controller to the shelves, where does the expansion port on the last shelf get connected?
A. Expansion port on the controller
B. Host port on the other expansion shelf
C. Expansion port is left un-cabled
D. Host port on the controller
Answer: C
NEW QUESTION: 3
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
1 997 income tax return?
A. $125,000
B. $320,000
C. $250,000
D. $0
Answer: C
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: 4
Which of the following are characteristics of Master Data? Note: There are 2 correct answers to this question.
A. Is a template for transactional data.
B. Is used long-term for multiple business processes.
C. Is typically assigned to organizational levels.
D. Cannot be changed after creation.
E. Must be assigned on client level.
Answer: B,C
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CPQ-301 Exam Info
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CPQ-301 Exam Topics
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CPQ-301 Offcial Page
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