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NEW QUESTION: 1
The IP address ::/0 is equivalent to which IPv4 address and netmask?
A. 0.0.0.0/24
B. 0.0.0.0/0
C. The IP address ::/0 is not valid IPv6 syntax.
D. 0.0.0.0
Answer: B

NEW QUESTION: 2
Tom and Joan Moore, both CPAs, filed a joint 1994 federal income tax return showing $70,000 in taxable
income. During 1994, Tom's daughter Laura, age 16, resided with Tom. Laura had no income of her own
and was Tom's dependent.
Determine the amount of income or loss, if any that should be included on page one of the Moores' 1994
Form 1040.
In 1994, Joan received $3,500 as beneficiary of the death benefit, which was provided by her brother's
employer. Joan's brother did not have a nonforfeitable right to receive the money while living.
A. $2,000
B. $1,500
C. $55,000
D. $3,000
E. $1,300
F. $50,000
G. $25,000
H. $2,500
I. $1,250
J. $500
K. $900
L. $0
M. $1,000
N. $75,000
O. $10,000
Answer: L
Explanation:
Explanation
"A" is correct. $0. Life insurance proceeds received by reason of the death of the insured are not taxable
income to the recipient.

NEW QUESTION: 3
Which ONE of the following most accurately describes corporate governance?
A. It is a code of best practice which instructs directors of listed companies how to maximise profits for the benefit of shareholders
B. It is a body of law, morals and ethics designed to ensure that the shareholders of listed companies are treated fairly by the board
C. It is the body of rules and ethics primarily concerned with the effective control, business efficacy and accountability of the management of public-listed companies for the benefit of stakeholders
D. It is the set of rules contained in the constitution of listed companies which governs the relationship between the board and the shareholders
Answer: C