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NEW QUESTION: 1
Doris and Lydia are equal partners in the capital and profits of Agee & Nolan, but are otherwise unrelated.
The following information pertains to 300 shares of Mast Corp. stock sold by Lydia to Agee & Nolan:
The amount of long-term capital loss that Lydia realized in 1988 on the sale of this stock was:
A. $3,000
B. $5,000
C. $2,500
D. $0
Answer: B
Explanation:
Explanation
Choice "a" is correct. $5,000 long term capital loss "realized" in 1988 by Lydia. Be careful, and always
check the question being asked. In this case, the question is how much of a capital loss Lydia realized in
1 988.
Choice "b" is incorrect. $3,000 represents the portion of the $5,000 realized loss that would currently be
recognized unless there were additional capital transactions resulting in gains. Remember that the
deduction for capital losses for an individual is limited to $3,000 each year.
Choice "c" is incorrect. $2,500 represents the pre-1986 portion of the $5,000 realized loss that would have
given rise to a recognized loss. Pre-1986 law required $2 of net long term loss to give the benefit of $1 of
tax deduction. Current law gives a dollar-for-dollar deduction limited to $3,000 in any year.
Choice "d" is incorrect. $0 would have been the amount of loss recognized if Lydia owned more than a
5 0% interest in the partnership. Losses realized on transactions between a partnership and a partner
owning more than a 50% interest are not deductible as the parties would be considered related and any
realized loss would be disallowed.
NEW QUESTION: 2
You need to recommend a solution to meet the device management requirements.
What should you include in the recommendation? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
Reference:
https://github.com/MicrosoftDocs/IntuneDocs/blob/master/intune/app-protection-policy.md
https://docs.microsoft.com/en-us/azure/information-protection/configure-usage-rights#do-not-forward-option-for
Topic 2, Contoso Ltd
This is a case study. Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next section of the exam. After you begin a new section, you cannot return to this section.
To start the case study
To display the first question in this case study, click the button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements. When you are ready to answer a question, click the Overview Contoso, Ltd, is a consulting company that has a main office in Montreal and two branch offices in Seattle and New York.
Contoso has the users and computers shown in the following table.
The company has IT, human resources (HR), legal (LEG), marketing (MKG) and finance (FIN) departments.
Contoso uses Microsoft Store for Business and recently purchased a Microsoft 365 subscription.
The company is opening a new branch office in Phoenix. Most of the users in the Phoenix office will work from home.
Existing Environment
The network contains an Active Directory domain named contoso.com that is synced to Microsoft Azure Active Directory (Azure AD).
All member servers run Windows Server 2016. All laptops and desktop computers run Windows 10 Enterprise.
The computers are managed by using Microsoft System Center Configuration Manager. The mobile devices are managed by using Microsoft Intune.
The naming convention for the computers is the department acronym, followed by a hyphen, and then four numbers, for example, FIN-6785. All the computers are joined to the on-premises Active Directory domain.
Each department has an organization unit (OU) that contains a child OU named Computers. Each computer account is in the Computers OU of its respective department.
Intune Configuration
Requirements
Planned Changes
Contoso plans to implement the following changes:
* Provide new computers to the Phoenix office users. The new computers have Windows 10 Pro preinstalled and were purchased already.
* Start using a free Microsoft Store for Business app named App1.
* Implement co-management for the computers.
Technical Requirements:
Contoso must meet the following technical requirements:
* Ensure that the users in a group named Group4 can only access Microsoft Exchange Online from devices that are enrolled in Intune.
* Deploy Windows 10 Enterprise to the computers of the Phoenix office users by using Windows Autopilot.
* Monitor the computers in the LEG department by using Windows Analytics.
* Create a provisioning package for new computers in the HR department.
* Block iOS devices from sending diagnostic and usage telemetry data.
* Use the principle of least privilege whenever possible.
* Enable the users in the MKG department to use App1.
* Pilot co-management for the IT department.
NEW QUESTION: 3
SCENARIO
Looking back at your first two years as the Director of Personal Information Protection and Compliance for the Berry Country Regional Medical Center in Thorn Bay, Ontario, Canada, you see a parade of accomplishments, from developing state-of-the-art simulation based training for employees on privacy protection to establishing an interactive medical records system that is accessible by patients as well as by the medical personnel. Now, however, a question you have put off looms large: how do we manage all the data-not only records produced recently, but those still on hand from years ago? A data flow diagram generated last year shows multiple servers, databases, and work stations, many of which hold files that have not yet been incorporated into the new records system. While most of this data is encrypted, its persistence may pose security and compliance concerns. The situation is further complicated by several long-term studies being conducted by the medical staff using patient information. Having recently reviewed the major Canadian privacy regulations, you want to make certain that the medical center is observing them.
You also recall a recent visit to the Records Storage Section, often termed "The Dungeon" in the basement of the old hospital next to the modern facility, where you noticed a multitude of paper records. Some of these were in crates marked by years, medical condition or alphabetically by patient name, while others were in undifferentiated bundles on shelves and on the floor. The back shelves of the section housed data tapes and old hard drives that were often unlabeled but appeared to be years old. On your way out of the dungeon, you noticed just ahead of you a small man in a lab coat who you did not recognize. He carried a batch of folders under his arm, apparently records he had removed from storage.
Which regulation most likely applies to the data stored by Berry Country Regional Medical Center?
A. The Health Records Act 2001
B. Personal Information Protection and Electronic Documents Act
C. The European Union Directive 95/46/EC
D. Health Insurance Portability and Accountability Act
Answer: B
NEW QUESTION: 4
Which gland secretes hormones that increase oxygen uptake, increase heat production, and affect many
metabolic functions'?
A. Adrenal
B. Pituitary
C. Hypothalamus
D. Thyroid
Answer: D
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