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NEW QUESTION: 1
Which of the following BEST describes how a layer 2 switch functions?
A. Switches packets within the same subnet based on MAC addresses
B. Switches packets between different subnets based on MAC addresses
C. Switches packets between different subnets based on IP addresses
D. Switches packets between different subnets based on MAC addresses
Answer: A

NEW QUESTION: 2
Bubba buys a ten-year municipal and at 102 and sells it five years later at 101. What is tax treatment?
A. the $10 loss is applied against future profits in municipal securities
B. a $10 long-term capital loss is realized
C. no capital loss or income deduction is realized
D. the $10 loss is applied as a reduction against ordinary income
Answer: C
Explanation:
no capital loss or income deduction is realized. The $20 premium is amortized over the
ten-year life of the bond. After five years, half of the premium has been written down. The remaining
premium is the same as the premium received upon selling the bond. The sale at 101 results in no loss or
gain.

NEW QUESTION: 3
Which of the following best describes this illustration? Exhibit:

A. Scatter diagram
B. Pareto chart
C. Histogram
D. Cause and effect diagram
E. Gantt chart
Answer: C