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NEW QUESTION: 1
What steps need to be completed to provision Direct Connect? Select all that apply.
Choose the 2 correct answers:
A. Request a Direct Connect from the AWS Console
B. Download and send the Letter of Authority and Customer Facility Assignment to your colocation partner or work with an APN partner
C. Request a Direct Connect using the AWS CLI
D. Create a cross-account IAM role for your Direct Connect partner
Answer: A,B
Explanation:
Step 1: Sign up for Amazon Web Services
Step 2: Submit AWS Direct Connect Connection request
Step 3: Download the LOA-CFA and complete the cross-connect (Optional)
Step 4: Configure redundant connections with AWS Direct Connect
Step 5: Create a virtual interface Step 6: Download router configuration Step 7: Verify your virtual interface Reference:
http://docs.aws.amazon.com/directconnect/latest/UserGuide/getstarted.html
NEW QUESTION: 2
Wallace purchased 500 shares of Kingpin, Inc. 15 years ago for $25,000. Wallace has worked as an owner/employee and owned 40% of the company throughout this time. This year, Kingpin, which is not an S corporation, redeemed 100% of Wallace's stock for $200,000. What is the treatment and amount of income or gain that Wallace should report?
A. $175,000 ordinary income.
B. $0
C. $175,000 long-term capital gain.
D. $200,000 long-term capital gain.
Answer: C
Explanation:
Explanation
Choice "b" is correct. An investment in a capital asset (e.g., stock) results in the income being capital (either a capital loss or a capital gain). Ownership percentage is not a factor in the calculation, and, in this question, nor is the fact that the corporation is not an S corporation. The calculation is simple:
Wallace invested $25,000 in the stock and received $200,000 for 100% of his investment 15 years later.
The capital gain is $175,000 ($200,000 - $25,000), and it is considered long-term because the stock was held for greater than one year.
Choice "a" is incorrect. There is $175,000 of gain on the transaction ($200,000 - $25,000). This type of transaction is not a transaction that is excluded from tax in the tax code.
Choice "c" is incorrect. An investment in a capital asset (e.g., stock) results in the income being capital (either a capital loss or a capital gain). Although the calculation of the income is correct (i.e.,
$175,000), ordinary income is not the proper treatment for this transaction.
Choice "d" is incorrect. Although this transaction does result in a long-term capital gain, Wallace has basis in the stock ($25,000), and the gain is calculated as the proceeds from the sale ($200,000) less the basis in the stock.
NEW QUESTION: 3
As a convenience feature, your web pages include an Ajax request every five minutes to a special servlet that monitors the age of the user's session. The client-side JavaScript that handles the Ajax callback displays a message on the screen as the session ages. The Ajax call does NOT pass any cookies, but it passes the session ID in a request parameter called sessionID. In addition, assume that your webapp keeps a hasmap of session objects by the ID. Here is a partial implementation of this servlet:
10.public class SessionAgeServlet extends HttpServlet {
11.public void service(HttpServletRequest request, HttpServletResponse) throws IOException {
12.String sessionID = request.getParameter("sessionID");
13.HttpSession session = getSession(sessionID);
14.long age = // your code here
15.response.getWriter().print(age);
16.}
... // more code here
47. }
Which code snippet on line 14, will determine the age of the session?
A. session.getMaxInactiveInterval() - session.getCreationTime();
B. session.getMaxInactiveInterval();
C. session.getLastAccessed().getTime() - session.getCreationTime().getTime();
D. session.getLastAccessedTime() - session.getCreationTime();
E. session.getLastAccessedTime().getTime() - session.getCreationTime().getTime();
F. session.getLastAccessed() - session.getCreationTime();
Answer: D