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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.
Tom's 1994 wages were $53,000. In addition, Tom's employer provided group-term life insurance on
Tom's life in excess of $50,000. The value of such excess coverage was $2,000.
A. $55,000
B. $0
C. $1,500
D. $3,000
E. $25,000
F. $500
G. $1,250
H. $900
I. $75,000
J. $1,300
K. $10,000
L. $1,000
M. $2,500
N. $50,000
O. $2,000
Answer: B
Explanation:
Explanation
"N" is correct. $55,000. The value of employer-provided group term life insurance for which the face
amount exceeds $50,000 is taxable income to the insured employee and the $53,000 in wages would
both be included on page one, Form 1040.

NEW QUESTION: 2
Which features can affect performance in a SAN? (Select three.)
A. storage access restrictions
B. storage array configuration
C. type and capacity of disks used
D. number of ISLs
E. cable modes
F. type of LC connector
Answer: B,C,D

NEW QUESTION: 3
Why is it important to define Key Performance Indicators (KPIs) for processes in the solution design phase?
A. KPIs take a long time to implement in a GUI so they must be defined early in the project.
B. KPIs definitions are mandatory fields during product installation and without them the installation cannot progress.
C. KPIs track project success and if the promised value is delivered.
D. KPIs document the solution performance and indicate whether hardware needs to be upgraded.
Answer: C