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NEW QUESTION: 1
Your customer has requirements that can be fulfilled by creating custom fields in SAP Marketing Cloud.
These fields will also receive data from an external application through SOAP services. Which business contexts support such an enhancement? Note: There are 3 correct Answers to this question.
A. Marketing: Interaction
B. Marketing: Corporate Account
C. Marketing: Interaction Product
D. Marketing: Product Category
E. Marketing: Contact
Answer: A,C
NEW QUESTION: 2
In case of public company memo must be signed by atleast ....... persons.
A. Seven
B. Two
C. Ten
D. One
Answer: A
NEW QUESTION: 3
A developer is migrating SOA based applications to IBM Integration Bus Toolkit.
There are existing WSDL files that are available to the developer.
Which solution type should the developer select?
A. Integration Service
B. Integration Project
C. Application
D. Pattern Authoring Project
Answer: A
NEW QUESTION: 4
Which of the following statements regarding the taxes associated with a variable life insurance policy is
false?
A. Payments to beneficiaries upon the death of the policyholder are taxed as ordinary income.
B. Earnings on a variable life insurance policy grow tax-free.
C. If a policyholder withdraws some of the cash value associated with the policy, taxes need only be paid
on the amount that exceeds the totalamount of the premiums paid to date.
D. One variable life policy can be exchanged for another variable life policy without triggering any tax
consequences under Section 1035 of the tax code.
Answer: A
Explanation:
The statement that payments to beneficiaries upon the death of the policyholder are taxed as
ordinary income is false. When a policyholder dies, the death benefit received by the beneficiaries is
tax-free. The death benefit will, however, be included in calculating any estate taxes that might be due. All
the other choices are true statements. Unlike the tax treatment of variable annuities, the IRS uses first-in,
first out (FIFO) accounting when determining whether the withdrawals have come from earnings or
premium payments; therefore, when a policyholder withdraws some of the policy's cash value, it is
assumed to be a withdrawal of premiums first, and that amount of the withdrawal is tax-free.
