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NEW QUESTION: 1
Starr, a self-employed individual, purchased a piece of equipment for use in Starr's business. The costs associated with the acquisition of the equipment were:

What is the depreciable basis of the equipment?
A. $58,400
B. $59,425
C. $55,000
D. $59,125
Answer: B
Explanation:
Explanation
Choice "d" is correct. The rules for depreciable basis in tax are generally the same as the GAAP rules for capitalizing an asset. The depreciable basis is the cost associated with the purchase of the asset and with getting the asset ready for its intended use. Further improvements are also capitalized, and the basis is reduced for any accumulated depreciation. In this case, the cost of obtaining the equipment and getting the equipment ready for its intended use includes all the items shown above, as follows:

Choice "a" is incorrect. The costs of delivery charges, installation, and sales tax are all part of the cost of obtaining the asset and getting the asset ready for its intended use. All of these charges are included in the depreciable basis of the equipment.
Choice "b" is incorrect. The costs of delivery charges and installation are both part of the cost of obtaining the asset and getting the asset ready for its intended use. These charges are included in the depreciable basis of the equipment.
Choice "c" is incorrect. The cost of installation is part of the cost getting the asset ready for its intended use. This charge is included in the depreciable basis of the equipment.

NEW QUESTION: 2
Which of the following creates a variety of affirmative action obligations for employers with federal government contracts?
A. Vietnam Era Veterans Readjustment Assistance Act (VEVRAA)
B. Equal Employment Opportunity Commission (EEOC)
C. Office of Federal Contract Compliance Programs (OFCCP)
D. Department of Labor (DOL)
Answer: A
Explanation:
Explanation/Reference:
Answer option D is correct.
Chapter: Workforce Planning and Employment
Objective: Federal Employment Legislation

NEW QUESTION: 3
When you put objects in Amazon 53, what is the indication that an object was successfully stored?
A. A success code is inserted into the S3 object metadata
B. Each S3 account has a special bucket named_ s3_logs. Success codes are written to this bucket with a timestamp and checksum
C. Amazon S3 is engineered for 99.999999999% durability. Therefore there is no need to confirm that data was inserted.
D. A HTTP 200 result code and MD5 checksum, taken together, indicate that the operation was successful
Answer: D

NEW QUESTION: 4
You have an application that provides weather forecasting data to external partners. You use Azure API Management to publish APIs.
You must change the behavior of the API to meet the following requirements:
* Support alternative input parameters.
* Remove formatting text from responses.
* Provide additional context to back-end services.
Which types of policies should you implement? To answer, drag the policy types to the correct scenarios. Each policy type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation