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Exam Code: ISO-50001-CLA

Exam Name: ISO 50001 : 2015 - Certified Lead Auditor

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Related Certification: ISO 50001 : 2015 - Certified Lead Auditor

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A. Option B
B. Option D
C. Option C
D. Option E
E. Option A
Answer: A,D,E

Section A (1 Mark)
After buying two stocks, one rises by 25% an d the other drops by 25%. You congratulate yourself on your brilliance for the first stock and blame bad luck on the second. You are demonstrating which investor bias?
A. Gambler's fallacy
B. Recency bias
C. Law of small numbers
D. Self-attribution bias
Answer: D

Hall, a divorced person and custodian of her 12-year old child, filed her 1990 federal income tax return as head of a household. She submitted the following information to the CPA who prepared her
1990 return:
* In 1990, Hall sold an antique that she bought in 1980 to display in her home. Hall paid $800 for the antique and sold it for $1,400, using the proceeds to pay a court ordered judgment.
The $600 gain that Hall realized on the sale of the antique should be treated as:
A. Ordinary income.
B. A nontaxable antiquities transaction.
C. An involuntary conversion.
D. Long-term capital gain.
Answer: D
Choice "b" is correct. The gain should be treated as a long-term capital gain because the property was held for more than one year and was sold for more than it cost.
Choice "a" is incorrect. Because Hall was not in the business of selling antiques, the profit from the sale will be treated as a gain from the disposition of a capital asset, not ordinary income.
Choice "c" is incorrect. This transaction does not qualify as an involuntary conversion. In order to be treated as an involuntary conversion, the transaction must result from a condemnation of property or a destruction or loss from theft or casualty.
Choice "d" is incorrect. An obvious distracter.

Your network contains two Active Directory forests named and

User1 is a member of the DnsAdmins domain local group in
User1 attempts to create a conditional forwarder to but receive an error message shown in the exhibit. (Click the Exhibit button.)

You need to configure bi-directional name resolution between the two forests.
What should you do first?
A. Enable the Advanced view from DNS Manager
B. Add User1 to the DnsUpdateProxy group.
C. Run the New Delegation Wizard
D. Configure the zone to be Active Directory-integrated
Answer: D

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