SAP C-BCFIN-2502 Q&A - in .pdf

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  • Exam Code: C-BCFIN-2502
  • Exam Name: SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions
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NEW QUESTION: 1
Tex Payor owns 500 shares of Amazon.com, Inc. that he bought seven years ago when the stock price was $18 a share, at which time he paid a commission of $12.95 to purchase the stock. At the beginning of this year, Amazon was selling for $89 a share. Today, December 31st, Amazon's stock closed at $152 a share.
Based on this information, what must Tex include on this year's tax return as taxable income from his investment in Amazon?
A. only the capital appreciation on the stock this year: $63 a share x 500 shares = $31,500
B. the capital appreciation on the stock this year minus the commission he originally paid to purchase the stock:($63 - $12.95) x 500 = $25,025
C. the value of the stock on December 31st minus the price he paid for it, which includes the commission he paid, divided by the 7 years he has owned the stock: $152 - ($18 + $12.95) x 500 shares = $60,525
÷ 7 = $8,646
D. none of the above
Answer: D
Explanation:
Explanation/Reference:
Explanation: None of the selections is the amount that Tex must include as taxable income on this year's tax return from his investment in Amazon. Until Tex sells his shares of Amazon.com, he has earned only unrealized capital gains, which are not subject to taxation. When Tex sells his shares, he will then have realized capital gains and must pay tax on those gains.

NEW QUESTION: 2
Exhibit:

Dining a data mobility test on a 4-node ONTAP 9.3 cluster, the host loses direct access to its LUNs. The LUNs are hosting on node cl1-01 and are being moved to cl1-03 on a different HA pair.
Referring to the exhibit, which corrective step is needed to ensure access while the volume is moved?
A. Add reporting nodes for cl1-03 and cl1-04.
B. Create a new destination volume on cll-03.
C. Create new igroups on cl1-03 and cl1-04.
D. Create additional LIFs on cl1-01 and cl1-02.
Answer: A

NEW QUESTION: 3
Which of the following statements pertaining to firewalls is incorrect?
A. Firewalls allow for centralization of security services in machines optimized and dedicated to the task.
B. Firewalls protect a network at all layers of the OSI models.
C. Firewalls create bottlenecks between the internal and external network.
D. Firewalls are used to create security checkpoints at the boundaries of private networks.
Answer: B
Explanation:
Firewalls can protect a network at multiple layers of the OSI models, however most of the firewalls do not have the ability to monitor the payload of the packets and see if an application level attack is taking place.
Today there are a new breed of firewall called Unified Threat Managers or UTM. They are a collection of products on a single computer and not necessarily a typical firewall. A UTM can address all of the layers but typically a firewall cannot.
Firewalls are security checkpoints at the boundaries of internal networks through which every packet must pass and be inspected, hence they create bottlenecks between the internal and external networks. But since external connections are relatively slow compared to modern computers, the latency caused by this bottleneck can almost be transparent.
By implementing the concept of border security, they centralize security services in machines optimized and dedicated to the task, thus relieving the other hosts on the network from that function.
Source: STREBE, Matthew and PERKINS, Charles, Firewalls 24seven, Sybex 2000, Chapter 1: Understanding Firewalls.

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