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Exam Code:
L5M4
Exam Name:
Advanced Contract & Financial Management
Questions:
94 Q&A
Product Type:

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NEW QUESTION: 1
Exhibit:

Task
You are required to create a pod that requests a certain amount of CPU and memory, so it gets scheduled to-a node that has those resources available.
* Create a pod named nginx-resources in the pod-resources namespace that requests a minimum of 200m CPU and 1Gi memory for its container
* The pod should use the nginx image
* The pod-resources namespace has already been created
A. Solution:





B. Solution:




Answer: A

NEW QUESTION: 2
COTS software is normally developed prior to an organization selecting that software for its use.
A. True
B. False
Answer: A

NEW QUESTION: 3
As her college graduation present, Jennifer's grandmother gave her 200 shares of the stock of IBM. Her
grandmother had purchased the shares for $54 a share in October 2002, and the stock was selling for
$ 132 a share on the day of Jennifer's graduation eight years later. Eight months after her graduation,
Jennifer decides to sell the shares to get money to help with the down payment on a condo she is
purchasing. If IBM is selling for $125 on the day of the sale, what are the tax consequences of this sale for
Jennifer?
A. Jennifer will have taxable income of $14,200, which will be taxed as long-term capital gain income at a
tax-preferred rate.
B. Jennifer will have a loss of $1,400, which will be treated as a short-term capital loss for tax purposes.
C. Jennifer will have taxable income of $15,600, which will be taxed as long-term capital gain income at a
tax-preferred rate.
D. Jennifer will have taxable income of $14,200, which will be taxed as long-term capital gain income at a
tax-preferred rate.
Answer: A
Explanation:
If Jennifer's grandmother gave her stock that she had purchased for $54 a share on a day it
was selling for $132, and Jennifer then sold it eight months later for $125, Jennifer will have taxable
income of $14,200, which will be taxed as long-term capital gain income at a tax-preferred rate. The cost
basis of a gift is the price that the donor paid for it--$54, in this case. Jennifer's gain is, therefore, ($125 -
$ 54) x 200 shares = $14,200. The holding period of the donor also becomes the holding period for the
gift's recipient, so the $14,200 will be treated as long-term capital gain income since her grandmother had
owned the stock for eight years prior to gifting it.

NEW QUESTION: 4
An internal auditor has just undertaken an organization-wide risk assessment. In identifying potential audit engagements the internal auditor should consider least:
A. Focusing on those risks highlighted by the external auditor.
B. Factoring in management requests.
C. Focusing in areas not audited last year.
D. Focusing on the high risk areas as sources of potential engagements.
Answer: C

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