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NEW QUESTION: 1
Elm Corp. is an accrual-basis calendar-year C corporation with 100,000 shares of voting common stock
issued and outstanding as of December 28, 1996. On Friday, December 29, 1996, Hall surrendered 2,000
shares of Elm stock to Elm in exchange for $33,000 cash. Hall had no direct or indirect interest in Elm
after the stock surrender. Additional information follows:
What amount of income did Hall recognize from the stock surrender?
A. $25,000 dividend.
B. $33,000 dividend.
C. $17,000 capital gain.
D. $18,000 capital gain.
Choice "d" is correct. $17,000 capital gain.
Choices "a" and "b" are incorrect. Dividends are distributions of earnings. These proceeds are from the
sale of stock.
Choice "c" is incorrect, per above. Accumulated earnings and profits do not effect the gain calculation,
they only affect the taxability of dividends paid to shareholders.
NEW QUESTION: 2
You are required to interrogate a text-based adapter. You added the Windows-based emulator/application (Extra.os) and the WinHIIAPI text adapter (WINHLLAPI.os) to the project.
What interrogated control should be matched to ensure that the text adapter is available for use in the solution?
A. The window portion of the WINHLLAPI.os text adapter
B. The window portion of the Extra.os Windows adapter
C. The screen of the WINHLLAPI.os text adapter
D. The username and password fields of the login screen
NEW QUESTION: 3
The attitude or state of mind through which individuals are conscious of the existence of the security
program and are persuaded that it is relevant to their own behavior is a concept known as:
A. None of the above
B. Security consciousness
C. Security motivation
D. Security awareness
NEW QUESTION: 4
A Contact Center Manager is implementing a new customer care program and wants to specifically measure customer loyalty.
Which three measures satisfy this requirement? Choose 3 answers
A. Customer Support Requests
B. Customer Purchase History
C. customer satisfaction Survey
D. Service Level Agreement
E. Net promoter Score
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