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NEW QUESTION: 1
In June, Bubba bought 100 shares of XYZ at $35. In November, he bought a listed put in XYZ with a $35
strike price and a July expiration for a premium of $600. If the option expires without being exercised, how
is the premium expense treated by Bubba?
A. as a $600 capital gain
B. as a $600 capital loss
C. $600 is added to his acquisition cost for the stock
D. $600 is held in abeyance until the stock is eventually sold
Answer: B
Explanation:
a $600 capital loss. The amount of premium paid is the cost and the recovery is zero,
resulting in a $600 capital loss.

NEW QUESTION: 2

A. BPDU guard
B. EtherChannel
C. BPDU filtering
D. BackboneFast
Answer: A

NEW QUESTION: 3
Your company is switching from Microsoft Skype for Business to Microsoft Teams.
You need to verify how many users in Teams are active this month, and how many Teams users were active the previous month.
Which report should you use?
A. MOMReturingUsers
B. Active users(%)
C. Active users
D. MOMReturningUsers(%)
Answer: B