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NEW QUESTION: 1
An administrator has a backup policy with the following attributes:
5 paths listed in the Backup Selections list
3 clients listed in the Clients list
Allow multiple data streams is selected
Max Jobs per Client value set to 4
How many jobs go Active when the job is started, excluding parent jobs?
A. 0
B. 1
C. 2
D. 3
Answer: D

NEW QUESTION: 2
An administrator is configuring a cloud account for Microsoft Azure.
Which piece of information must the administrator provide in order to successfully add this cloud account?
A. IP address
B. Subscription ID
C. Password
D. Username
Answer: B

NEW QUESTION: 3
Doris and Lydia are equal partners in the capital and profits of Agee & Nolan, but are otherwise unrelated.
The following information pertains to 300 shares of Mast Corp. stock sold by Lydia to Agee & Nolan:

The amount of long-term capital loss that Lydia realized in 1988 on the sale of this stock was:
A. $5,000
B. $3,000
C. $0
D. $2,500
Answer: A
Explanation:
Explanation
Choice "a" is correct. $5,000 long term capital loss "realized" in 1988 by Lydia. Be careful, and always
check the question being asked. In this case, the question is how much of a capital loss Lydia realized in
1 988.

Choice "b" is incorrect. $3,000 represents the portion of the $5,000 realized loss that would currently be
recognized unless there were additional capital transactions resulting in gains. Remember that the
deduction for capital losses for an individual is limited to $3,000 each year.
Choice "c" is incorrect. $2,500 represents the pre-1986 portion of the $5,000 realized loss that would have
given rise to a recognized loss. Pre-1986 law required $2 of net long term loss to give the benefit of $1 of
tax deduction. Current law gives a dollar-for-dollar deduction limited to $3,000 in any year.
Choice "d" is incorrect. $0 would have been the amount of loss recognized if Lydia owned more than a
5 0% interest in the partnership. Losses realized on transactions between a partnership and a partner
owning more than a 50% interest are not deductible as the parties would be considered related and any
realized loss would be disallowed.