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NEW QUESTION: 1
Refer to the exhibit. Which two features are enabled on the upstream switch? (Choose 2)

A. feature npiv
B. feature fcoe
C. feature npv
D. feature fport-channel-trunk
E. feature fcoe-npv
Answer: A,D

NEW QUESTION: 2
Which parameter determines the rotation latency of a disk drive?
A. Speed of the spindle
B. Data transfer speed
C. Response time
D. Seek time
Answer: A

NEW QUESTION: 3
Which of the following correctly describe steps in the OSI data encapsulation process? (Choose two)
A. The transport layer divides a data stream into segments and may add reliability and flow control information.
B. Packets are created when the network layer adds Layer 3 addresses and control information to a segment.
C. Packets are created when the network layer encapsulates a frame with source and destination host addresses and protocol-related control information.
D. The data link layer adds physical source and destination addresses and an FCS to the segment.
E. The presentation layer translates bits into voltages for transmission across the physical link.
Answer: A,B

NEW QUESTION: 4
Conner purchased 300 shares of Zinco stock for $30,000 in 1980. On May 23, 1994, Conner sold all the stock to his daughter Alice for $20,000, its then fair market value. Conner realized no other gain or loss during 1994. On July 26, 1994, Alice sold the 300 shares of Zinco for $25,000.
What amount of the loss from the sale of Zinco stock can Conner deduct in 1994?
A. $5,000
B. $0
C. $3,000
D. $10,000
Answer: B
Explanation:
Explanation
Choice "a" is correct. Even though Conner has a realized loss of $10,000 on this transaction he cannot deduct the loss since it was incurred in a transaction with his daughter, a related party.
Choice "b" is incorrect. $3,000 is the limit on deductible net capital losses. However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.
Choice "c" is incorrect. Conner's realized loss on the sale is $10,000 ($20,000 proceeds less $30,000 basis). However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.
Choice "d" is incorrect. $10,000 is Conner's realized loss on the sale. However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.