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NEW QUESTION: 1
Phil Anthropy wrote his cousin a $15,000 check to pay for medical bills the cousin had accumulated. He also distributed $5,000 checks to three nephews who were in college, and gave his mother a check for
$12,000.
Have Phil's actions triggered any gift taxes?
A. Yes, $7,000 in distributions is subject to the gift tax.
B. Yes, $19,000 of his total distributions is subject to the gift tax.
C. No. None of Phil's distributions is subject to the gift tax.
D. Yes, $2,000 of his total distributions is subject to the gift tax.
Answer: D
Explanation:
Explanation/Reference:
Explanation: Yes. If Phil gives his cousin a $15,000 check, three nephews $5,000 checks, and his mother a check for $12,000, $2,000 of his total distributions is subject to the gift tax. The current annual gift tax exclusion is $13,000 per person, and he has exceeded that by $2,000 with the check he wrote to his cousin. Had Phil written the check directly to his cousin's medical care provider, no gift taxes would have been due on any of that amount either.

NEW QUESTION: 2
A user at Universal container reports an error message when attempting to log in. the administrator checks the user's login history, but there is no record of the attempted login.
What could be cause of this issue?
A. The user is attempting to log in with wrong username
B. The user is attempting to log in outside of the profile IP
C. The user is attempting to log in with wrong password
D. The user is attempting to log in outside of the profile login range
Answer: A

NEW QUESTION: 3
Exhibit:

Refer to exhibit, What will be the result?
A. The device will boot in a Single-user mode at the shell prompt
B. The device will boot in a multi-user mode at the shell prompt
C. The device will boot in a multi-user mode at the configuration prompt
D. The device will boot in a Single-user mode at the operational prompt
Answer: C