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A. Option B
B. Option D
C. Option A
D. Option C
Answer: A
Answer:
Explanation:
A father plans to create a trust for the benefit of his 22-year-old son and wishes to take advantage of the gift tax annual exclusion. He has named a bank as trustee. Which of the following trust provisions would cause the gifts to be ineligible to qualify for the gift tax annual exclusion?
1.The trust income is to be paid to the son or accumulated at the discretion of the trustee.
2.The income is to be accumulated until the son reaches age 32 when all accumulated income and principal are to be distributed to him.
A. Neither 1 nor 2
B. Both 1 and 2
C. 1 only
D. 2 only
Answer: B
A customer wants to generate absence quotas using seniority in a base entitlement rule. The base
entitlement rule should have a reduction rule that prorates for any inactive employment periods. Where do
you assign this to a quota?
Note: Please choose the correct answer.
A. Feature QUOMO (Determination of Quota Type Selection Rule Group)
B. Table T559L (Quota Configuration - Selection Rules)
C. Report RPTQTAOO (Generate Absence Quotas)
D. Schema TQTA (Generate Absence Quotas)
Answer: B
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