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NEW QUESTION: 1
Capital assets include:
A. Seven-year MACRS property used in a corporation's trade or business.
B. A manufacturing company's investment in U.S. Treasury bonds.
C. A corporate real estate developer's unimproved land that is to be subdivided to build homes, which will
be sold to customers.
D. A corporation's accounts receivable from the sale of its inventory.
Answer: B
Explanation:
Explanation
Choice "c" is correct. Investment assets of a taxpayer that are not inventory are capital assets. The
manufacturing company would have capital assets including an investment in U.S. Treasury bonds.
Choice "a" is incorrect. Accounts receivable generated from the sale of inventory are excluded from the
statutory definition of capital assets.
Choice "b" is incorrect. Depreciable property used in a trade or business is excluded from the statutory
definition of capital assets.
Choice "d" is incorrect. Land is usually a capital asset, but when it is effectively inventory, as when it is
used by a developer to be subdivided, it is excluded from the statutory definition of capital assets.
NEW QUESTION: 2
Where does a salesperson check to see if a Technical and Delivery Assessment (TDA) is required?
A. Solution Assurance Trigger Criteria
B. IBM Knowledge Center
C. IBM Techdocs
D. IBM System Storage Interoperation Center (SSIC)
Answer: A
NEW QUESTION: 3
Your developers have some application metrics that they're tracking. They'd like to be able to create alerts based on these metrics. What steps need to happen in order to alert based on these metrics?
A. Create a custom monitoring metric in code, in the UI create a matching logging metric, and create an alert in Stackdriver based on the new metric.
B. In the UI create a new logging metric with the required filters, edit the application code to set the metric value when needed, and create an alert in Stackdriver based on the new metric.
C. Add the Stackdriver monitoring and logging agent to the instances running the code.
D. Create a custom monitoring metric in code, edit the application code to set the metric value when needed, create an alert in Stackdriver based on the new metric.
Answer: D
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