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CPSA

Exam Code: CPSA

Exam Name: Card Production Security Assessor (CPSA) Qualification ExamCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
Which regular report provides the Project Board with a summary of stage status?
A. Project Brief
B. Checkpoint Report
C. Highlight Report
D. Communication Management Strategy
Answer: C

NEW QUESTION: 2
Under current tax laws, which of the following distributions received from a mutual fund qualify for preferential tax treatment?
I. short-term capital gains
II. long-term capital gains
III. qualifying dividends
IV. non-qualifying dividends
A. II and III only
B. I, II, and III only
C. III only
D. I, II, III, and IV
Answer: A
Explanation:
Explanation/Reference:
Explanation: Only Selections II and III-long-term capital gains and qualifying dividends-qualify for preferential tax treatment under current tax laws. Both are taxed at either 0% or 15%, depending on the investor's marginal tax rate. Short-term capital gains and non-qualifying dividend distributions are taxed as ordinary income at the investor's marginal tax rate.

NEW QUESTION: 3
Which of the following are mandatory to create a decision table? (Choose two)
A. A CE function
B. A condition
C. An action
D. A parameter
Answer: B,C

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