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NEW QUESTION: 1
Tom and Joan Moore, both CPAs, filed a joint 1994 federal income tax return showing $70,000 in taxable income. During 1994, Tom's daughter Laura, age 16, resided with Tom. Laura had no income of her own and was Tom's dependent.
Determine the amount of income or loss, if any that should be included on page one of the Moores'
1994 Form 1040.
The Moores received $8,400 in gross receipts from their rental property during 1994. The expenses for the residential rental property were:
A. $900
B. $2,000
C. $25,000
D. $1,000
E. $0
F. $500
G. $50,000
H. $3,000
I. $2,500
J. $1,250
K. $1,500
L. $10,000
M. $75,000
N. $1,300
O. $55,000
Answer: I
Explanation:
Explanation
"I" is correct. $2,500. Rental activity net income is reported on page one; the gross income ($8,400) is fully reportable; and all deductions listed (total = $5,900) are fully deductible for a net of $2,500.
NEW QUESTION: 2
CA Clarity PPM can serve as the Management Domain Repository (MDR) for the CA Universal Service Model (USM). However, without using USM, you can use special connectors that enable direct integration to other CA Technologies products. These products include: (Choose two)
A. CA Application Performance Management
B. CA Spectrum
C. CA Service Desk Manager
D. CA eHealth
Answer: A,C
NEW QUESTION: 3
A. Option A
B. Option B
C. Option C
D. Option D
Answer: A,C
NEW QUESTION: 4
Which four statements are true about software on the Oracle Public YUM server?
A. It contains Oracle Linux source RPM packages.
B. It contains Oracle Linux errata packages.
C. It does not contain Unbreakable Enterprise Kernel packages.
D. It contains Oracle Linux installation ISO images.
E. It contains beta Oracle Linux software packages.
F. It contains Oracle Linux binary RPM packages.
Answer: A,B,C,F
Explanation:
Explanation/Reference:
Explanation:
The Oracle public yum server offers a free and convenient way to install the latest Oracle Linux packages as well as packages from the Oracle VM installation media via a yum client.
Oracle provides all errata and updates for Oracle Linux via the Public Yum service, which includes updates to the base distribution, but does not include Oracle-specific software.
F: By default, all new installations of Oracle Linux 6 Update 5 are automatically configured to use the public yum update service. If you subsequently register the system with ULN, the public yum service is automatically disabled.
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