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NEW QUESTION: 1
Believing that his death was imminent, a widower gave his son some real estate two years ago and filed a timely gift tax return. The widower died on January 1st of this year. The additional facts are:
*Widower's basis in the real estate $400,000
*Value of the real estate when gifted 1,000,000
*Value of the real estate on date of death 2,000,000
*Amount of gift tax paid by widower 345,800
Assuming the widower made no additional gifts to his son, all the following statements concerning this situation are correct EXCEPT:
A. The son's income tax basis in the real estate is $2,000,000.
B. The widower recognized no gain for income tax purposes at the time the gift was made.
C. The gift tax paid is brought back into the widower's gross estate at $345,800.
D. The gift of the real estate is included in the calculation of the widower's federal estate tax as an adjusted taxable gift.
Answer: A

NEW QUESTION: 2
A service provider is preparing to offer PaaS. One of the challenges they are facing is incorporating the cost of databases. What should you recommend as the best way to include this in the costing model?
A. Treat database licensing as a variable cost in the model
B. Treat database licensing as a hybrid cost in the model
C. Treat database licensing as a fixed cost in the model
D. Ignore database costs in the model
Answer: A

NEW QUESTION: 3
You need to create a table named Sales that meets the following requirements:

Which Transact-SQL statement should you run?
A:

B:

C:

D:

A. Option A
B. Option B
C. Option D
D. Option C
Answer: C
Explanation:
Explanation/Reference:
Explanation:
datetime2 Defines a date that is combined with a time of day that is based on 24-hour clock. datetime2 can be considered as an extension of the existing datetime type that has a larger date range, a larger default fractional precision, and optional user-specified precision.
Incorrect Answers:
B, C: NEWQSEQUENTIALID creates a GUID that is greater than any GUID previously generated by this function on a specified computer since Windows was started. A GUID uses more space then IDENTITY value.
References:
https://docs.microsoft.com/en-us/sql/t-sql/data-types/datetime2-transact-sql
https://docs.microsoft.com/en-us/sql/t-sql/functions/newsequentialid-transact-sql