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NEW QUESTION: 1
In order for the Invest4U Mutual Fund to qualify as a regulated investment company under Internal Revenue Code Subchapter M, it must:
A. distribute at least 98% of its net income from capital gains to its shareholders.
B. Both A and B are required for Invest4U to qualify as a regulated investment company.
C. distribute at least 90% of its net investment income to its shareholders.
D. invest at least 75% of its monies in diversified securities.
Answer: B
Explanation:
Explanation/Reference:
Explanation: To qualify as a regulated investment company, Invest4U must distribute at least 90% of its net investment income to its shareholders and distribute at least 98% of its net income from capital gains to its shareholders. Only 50% of its monies needs to be invested in diversified securities to qualify.

NEW QUESTION: 2
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. To determine the characteristics and features of the new product line, you will have to perform which of the following?
A. Fast tracking
B. Planning the project life cycle
C. Consulting with the stakeholders
D. Progressive elaboration
Answer: D
Explanation:
Progressive elaboration is the process of determining the characteristics and features of the product of the project. Progressive elaboration is carried out via steps in detailed fashion.

NEW QUESTION: 3
An e-commerce site administrator believes that her site's security has been compromised. The most important participants of her recovery plan are the Web team, law enforcement and the:
A. server software publisher.
B. Internet Service Provider (ISP).
C. marketing department.
D. certificate authority (CA).
Answer: B

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