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NEW QUESTION: 1
As her college graduation present, Jennifer's grandmother gave her 200 shares of the stock of IBM. Her grandmother had purchased the shares for $54 a share in October 2002, and the stock was selling for
$132 a share on the day of Jennifer's graduation eight years later. Eight months after her graduation, Jennifer decides to sell the shares to get money to help with the down payment on a condo she is purchasing.
If IBM is selling for $125 on the day of the sale, what are the tax consequences of this sale for Jennifer?
A. Jennifer will have taxable income of $14,200, which will be taxed as long-term capital gain income at a tax-preferred rate.
B. Jennifer will have taxable income of $15,600, which will be taxed as long-term capital gain income at a tax-preferred rate.
C. Jennifer will have taxable income of $14,200, which will be taxed as long-term capital gain income at a tax-preferred rate.
D. Jennifer will have a loss of $1,400, which will be treated as a short -term capital loss for tax purposes.
Answer: C
Explanation:
Explanation/Reference:
Explanation: If Jennifer's grandmother gave her stock that she had purchased for $54 a share on a day it was selling for $132, and Jennifer then sold it eight months later for $125, Jennifer will have taxable income of $14,200, which will be taxed as long-term capital gain income at a tax-preferred rate. The cost basis of a gift is the price that the donor paid for it --$54, in this case. Jennifer's gain is, therefore, ($125 -
$54) x 200 shares = $14,200. The holding period of the donor also becomes the holding period for the gift's recipient, so the $14,200 will be treated as long-term capital gain income since her grandmother had owned the stock for eight years prior to gifting it.

NEW QUESTION: 2
HOTSPOT
Your network contains a DNS server named Server1 that runs Windows Server 2012 R2.
Server1 has a zone named contoso.com. The network contains a server named Server2 that runs Windows Server 2008 R2. Server1 and Server2 are members of an Active Directory domain named contoso.com.
You change the IP address of Server2.
Several hours later, some users report that they cannot connect to Server2.
On the affected users' client computers, you flush the DNS client resolver cache, and the users successfully connect to Server2.
You need to reduce the amount of time that the client computers cache DNS records from contoso.com.
Which value should you modify in the Start of Authority (SOA) record? To answer, select the appropriate setting in the answer area.

Answer:
Explanation:

Explanation:

The Default TTL, is just that a default for newly created records. Once the records are created their TTL is independent of the Default TTL on the SOA. Microsoft DNS implementation copies the Default TTL setting to all newly created records their by giving them all independent TTL settings.
SOA Minimum Field: The SOA minimum field has been overloaded in the past to have three different meanings, the minimum TTL value of all RRs in a zone, the default TTL of RRs which did not contain a TTL value and the TTL of negative responses.
Despite being the original defined meaning, the first of these, the minimum TTL value of all RRs in a zone, has never in practice been used and is hereby deprecated. The second, the default TTL of RRs which contain no explicit TTL in the master zone file, is relevant only at the primary server. After a zone transfer all RRs have explicit TTLs and it is impossible to determine whether the TTL for a record was explicitly set or derived from the default after a zone transfer. Where a server does not require RRs to include the TTL value explicitly, it should provide a mechanism, not being the value of the MINIMUM field of the SOA record, from which the missing TTL values are obtained. How this is done is implementation dependent.
TTLs also occur in the Domain Name System (DNS), where they are set by an authoritative name server for a particular resource record. When a caching (recursive) nameserver queries the authoritative nameserver for a resource record, it will cache that record for the time (in seconds) specified by the TTL. If a stub resolver queries the caching nameserver for the same record before the TTL has expired, the caching server will simply reply with the already cached resource record rather than retrieve it from the authoritative nameserver again.
Shorter TTLs can cause heavier loads on an authoritative nameserver, but can be useful when changing the address of critical services like Web servers or MX records, and therefore are often lowered by the DNS administrator prior to a service being moved, in order to minimize disruptions.

NEW QUESTION: 3

A. Option B
B. Option C
C. Option A
D. Option D
Answer: C
Explanation:
As explained earlier, the problem is with route misconfigured tunnel modes on R3. R3 is using tunnel mode ipv6, while R4 is using the default of GRE. We need to remove the "tunnel mode ipv6" command under interface Tunnel34

NEW QUESTION: 4
Which of the following does not describe an underwriting procedure?
A. fill or kill
B. all or none
C. standby
D. best efforts
Answer: A
Explanation:
fill or kill. Fill or kill is an order qualifier. It requests immediate execution of the whole order or
immediate cancellation. A best efforts underwriting, frequently linked to all or none, is usually seen on
small new issues. A standby underwriting is utilized to guarantee the success of a rights offering.