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Exam Code: M05
Exam Name: Insurance law (IL) Exam
Vendor: CII

60 Questions & Answers
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NEW QUESTION: 1
The uniform capitalization method must be used by:
I. Manufacturers of tangible personal property.
II. Retailers of personal property with $2 million dollars in average annual gross receipts for the 3
preceding years.
A. Neither I nor II.
B. II only.
C. Both I and II.
D. I only.
Answer: D
Explanation:
Explanation
Choice "a" is correct. I only.
Rule: The uniform capitalization rules apply to the following:
1 . Real or tangible personal property produced by the taxpayer for use in a trade or business.
2 . Real or tangible personal property produced by the taxpayer for sale to customers.
3 . Real or personal property acquired by the taxpayer for resale.
4 . However, the uniform capitalization rules do not apply to property acquired for resale if the taxpayer's
annual gross receipts for the preceding three tax years do not exceed $10,000,000 (not $2 million).

NEW QUESTION: 2
Which statement about agent-based versus agentless configuration management tools is true?
A. Agent-based tools do not require installation of additional software packages on the slave nodes.
B. Agentless tools require no messaging systems between master and slaves.
C. Agent-based tools do not require a high-level language interpreter such as Python or Ruby on slave nodes.
D. Agentless tools use proxy nodes to interface with slave nodes.
Answer: C
Explanation:
Explanation
Agentless tool means that no software or agent needs to be installed on the client machines that are to be managed. Ansible is such an agentless tool. In contrast to agentless tool, agent-based tool requires software or agent to be installed on the client. Therefore the master and slave nodes can communicate directly without the need of high-level language interpreter.
An agentless tool uses standard protocols, such as SSH, to push configurations down to a device (and it can be considered a "messaging system").

NEW QUESTION: 3
Which Symantec Control Compliance Suite 11.0 feature facilitates the monitoring and approval of access rights in an organization?
A. Dashboards
B. Reports
C. Entitlements
D. Evaluations
Answer: C


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