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NEW QUESTION: 1
Leker exchanged a van that was used exclusively for business and had an adjusted tax basis of $20,000
for a new van. The new van had a fair market value of $10,000, and Leker also received $3,000 in cash.
What was Leker's tax basis in the acquired van?
A. $17,000
B. $20,000
C. $7,000
D. $13,000
Answer: A
Explanation:
Explanation
Choice "b" is correct. $17,000 is the tax basis in the van.
The basis for like-kind exchanges is computed as follows:

The general rule is the gain is recognized to the extent boot is received. As the transaction results in a
loss to Leker (he received an asset worth $10,000 plus $3,000 cash less a $20,000 tax basis equals
$ 7,000 loss) no gain is recognized and the $3,000 received reduces his basis in the new asset.
Choice "a" is incorrect. Basis must be reduced by non-like-kind assets (boot) received.
Choice "c" is incorrect. For non-like-kind exchanges, the basis would be the FMV of the assets received
($10,000 FMV plus $3,000 Boot). However, because both assets have similar use, this is a like-kind
exchange, which follows the rule above.
Choice "d" is incorrect. The basis of the old property is used to calculate the basis of the new property,
less any boot received.

NEW QUESTION: 2
A fitness tracking company serves users around the world, with its primary markets in North America and Asia. The company needs to design an infrastructure for its read heavy user authorization application with the following requirements:
* Be resilient to problem with the application in any region.
* Write to a database In a single Region.
* Read from multiple regions.
* Support resiliency across application tiers in each Region.
* Support the relational database semantics reflected in the application.
Which combination of steps should a solution architect take? (Select TWO.)
A. Set up web, application, and Amazon RDS for MySQL instances in each Region. Set up the application so that reads are local and writes are partitioned based on the user. Set up a Multi-AZ failover for the web, application, and database servers, Set up cross-Region replication for the database layer.
B. Set up active-active web and application servers in each Region. Deploy an Amazon Aurora global database with clusters in each Region. Set up the application to use the in-Region Aurora database endpoints. Create snapshots of the web application servers and store them in an Amazon S3 bucket in both Region.
C. Use an Amazon Route 53 geoproximity routing policy combined with a multivalue answer routing policy.
D. Deploy web, application, and MySQL database servers to Amazon EC2 instance in each Region. Set up the application so that reads and writes are local to the Region. Create snapshots of the web, application, and database servers and store the snapshots in an Amazon S3 bucket in both Regions. Set up cross- Region replication for database layer.
E. Use an Amazon Route 53 geolocation routing combined with a failover routing policy.
Answer: B,C

NEW QUESTION: 3
You administer a computer that runs Windows 8 Enterprise and is a member of an Active Directory domain.
You create a folder named C:\Reports and assign NTFS permissions as shown in Exhibit 1. (Click the Exhibit button.)
You share the folder over the network with Read permission for a domain user account named User1 as shown in Exhibit 2. (Click the Exhibit button.)
You want to provide access to the shared folder only for the time that User1 is a member of the domain security group named Project.
You need to assign the required permissions.
Which three actions should you perform in sequence? (To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.)
exhibit1 (exhibit):

exhibit2 (exhibit):

Select and Place:

Answer:
Explanation:

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