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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.
In 1994, Joan received $1,300 in unemployment compensation benefits. Her employer made a $100
contribution to the unemployment insurance fund on her behalf.
A. $2,500
B. $2,000
C. $3,000
D. $25,000
E. $1,000
F. $10,000
G. $1,300
H. $500
I. $55,000
J. $0
K. $1,250
L. $50,000
M. $1,500
N. $75,000
O. $900
Answer: G
Explanation:
Explanation
"F" is correct. $1,300. Unemployment compensation benefits are fully taxable (when received by the
employee), but contributions made by the employer to the insurance fund are not taxable.

NEW QUESTION: 2
Mary from BBK computers wants to pay one of her vendors. She opens an outgoing payment document
and chooses the vendor code. One of the A/P Invoices is marked with an asterisk (*). What does this
mean?
Please choose the correct answer.
Response:
A. An A/R Credit Memo has been entered for the invoice.
B. The invoice due date is earlier than or equal to the current date.
C. The invoice due date is later than the current date.
D. A partial payment has already been posted for this invoice.
Answer: B

NEW QUESTION: 3
The OSPF router ID must be the same as the IP address of an interface on the router.
A. True
B. False
Answer: B

NEW QUESTION: 4
A large organization is experiencing exponential data growth of object storage due to recent mergers and acquisition .They need an on-premise solution to optimize cost at petabyte scale Which components should you recommend for a software-defined solution ?(select two)
A. HPE complete -CTERA
B. HPE Synergy 660 Gen10 compute modules
C. HPE 3PAR Storeserv 9450c
D. HPE Complete -Scalability RING
E. HPE Appolo 4510 server
Answer: D,E

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