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NEW QUESTION: 1
Which three steps must you perform to create a new user group? (Choose three.)
A. Define the coverage areas of the group.
B. Select the users to assign to the group.
C. Define a name for the group.
D. Create a description for the group.
E. Assign a default configuration profile to the group.
Answer: B,C,E

NEW QUESTION: 2
An architect is reviewing a physical storage design. The customer has specified that storage DRS will be used for ease of operational management for capacity and performance.
Which recommendation should the architect include in the design?
A. Create larger datastores to balance space with Storage DRS
B. Create more datastores within each Storage DRS cluster to balance space and performance
C. Use a larger number of storage profiles (varied disk speeds and RAID levels) to improve performance
D. Create smaller datastores to balance space with Storage DRS
Answer: B

NEW QUESTION: 3
Baum, an unmarried optometrist and sole proprietor of Optics, buys and maintains a supply of eyeglasses and frames to sell in the ordinary course of business. In 1999, Optics had $350,000 in gross business receipts and its year-end inventory was not subject to the uniform capitalization rules.
Baum's 1999 adjusted gross income was $90,000 and Baum qualified to itemize deductions. During
1999, Baum recorded the following information:
Business expenses:

What amount should Baum report as 1999 net earnings from self-employment?
A. $281,750
B. $273,000
C. $252,000
D. $243,250
Answer: A
Explanation:
Explanation
Choice "d" is correct. Baum should report $281,750 as 1999 net earnings from self-employment (line
12 of the Form 1040), calculated as follows:

Choices "a", "b", and "c" are incorrect. Self-employment tax and self-employment health insurance expenses are adjustments from total gross income. They are not deducted from self-employment earnings (i.e., not reported net on line 12 of the Form 1040).
Note: There are many distracters in this question, all relating to items that are either deductible as part of itemized deductions or not deductible. Be careful to read the requirement of the question before spending unnecessary time on the question. The statement that Baum's year-end inventory was not subject to the uniform capitalization rules is a distracter as well. There is not enough information given in the facts to apply the rules if he had been subject to them.