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NEW QUESTION: 1
Bubba buys a ten-year municipal and at 102 and sells it five years later at 101. What is tax treatment?
A. a $10 long-term capital loss is realized
B. no capital loss or income deduction is realized
C. the $10 loss is applied as a reduction against ordinary income
D. the $10 loss is applied against future profits in municipal securities
Answer: B
Explanation:
no capital loss or income deduction is realized. The $20 premium is amortized over the
ten-year life of the bond. After five years, half of the premium has been written down. The remaining
premium is the same as the premium received upon selling the bond. The sale at 101 results in no loss or
gain.
NEW QUESTION: 2
One of the MOST important reasons for writing a precise definition of behavior is that a precise definition:
A. allows for easier and more reliable quantification of temporal locus and temporal extent.
B. produces greater interobserver agreement and requires less training time for observers.
C. makes calibration checks of observers or measurement equipment less necessary.
D. increases the likelihood that the behavior of interest will be reliably detected by observers or
measurement equipment.
Answer: D
NEW QUESTION: 3
Which of the following statements about this S3 bucket policy is true?
A. Denies the server with the IP address 192 168 100 0 full access to the "mybucket" bucket
B. Grants all the servers within the 192 168 100 0/24 subnet full access to the "mybucket" bucket
C. Denies the server with the IP address 192 168 100 188 full access to the "mybucket" bucket
D. Grants all the servers within the 192 168 100 188/32 subnet full access to the "mybucket" bucket
Answer: C