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NEW QUESTION: 1
A principal advantage of statistical methods of attribute sampling over nonstatistical methods is that they
provide a scientific basis for planning the:
A. Sample size.
B. Expected population deviation rate.
C. Tolerable rate.
D. Risk of overreliance.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. A principal advantage of statistical methods of attribute sampling over nonstatistical
methods is that they provide a scientific basis for planning the sample size.
Choices "A", "B", and "C" are incorrect. The risk of overreliance, the tolerable rate, and the expected
population deviation rate are factors considered in determining a statistical sample size.

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.
Tom's 1994 wages were $53,000. In addition, Tom's employer provided group-term life insurance on Tom's life in excess of $50,000. The value of such excess coverage was $2,000.
A. $1,300
B. $2,000
C. $10,000
D. $25,000
E. $75,000
F. $2,500
G. $3,000
H. $1,500
I. $50,000
J. $500
K. $1,250
L. $0
M. $55,000
N. $1,000
O. $900
Answer: L
Explanation:
Explanation
"N" is correct. $55,000. The value of employer-provided group term life insurance for which the face amount exceeds $50,000 is taxable income to the insured employee and the $53,000 in wages would both be included on page one, Form 1040.

NEW QUESTION: 3
Which additional feature must be enabled on a switch to allow PIM snooping to function correctly?
A. storm control
B. dynamic ARP inspection
C. port security
D. IGMP snooping
Answer: D
Explanation:
Explanation/Reference: