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NEW QUESTION: 1
Which of the following statements about 1035 exchanges are true?
I. A 1035 exchange refers to the exchange of all of the shares owned in one mutual fund for shares of another mutual fund in the same family of funds.
II. A 1035 exchange refers to the exchange of one variable annuity contract for another variable annuity contract without the need to pay tax on any of the income or capital appreciation associated with the original contract.
III. A 1035 exchange refers to the exchange of a variable annuity contract for a whole life insurance policy offered by the same company with no tax consequences to the transaction.
A. I only
B. II only
C. I and II only
D. I, II, and III
Answer: B
Explanation:
Explanation/Reference:
Explanation: Only Selection II is true regarding 1035 exchanges. A 1035 exchange refers to the exchange of one variable annuity contract for another variable annuity contract without the need to pay tax on any of the income or capital appreciation associated with the original contract. This does not refer to the exchange of one mutual fund for another, which is a taxable event; nor does the 1035 exchange involve exchanging a variable annuity for a life insurance policy.

NEW QUESTION: 2
A device is sending a PDU of 5000 B on a link with an MTU of 1500 B. If the PDU includes 20 B of IP
header, which statement is true considering the most efficient way to transmit this PDU?
A. The first three packets will have a packet payload size of 1480.
B. The first three packets will have a packet payload size of 1400.
C. The last packet will have a payload size of 20.
D. The last packet will have a payload size of 560.
Answer: A

NEW QUESTION: 3
In a good Measurement System the most variation will be with part-to-part measurements. What should you do if the majority of variation is associated with the Gage R&R assuming the gage is technically capable?
A. Focus on trimming the Part-to-Part variation
B. Run another MSA test with the machine
C. Purchase a new machine
D. Focus on fixing the Repeatability and Reproducibility of the measurement device
Answer: D


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