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HP2-H63

Exam Code: HP2-H63

Exam Name: HP Endpoint Security for Personal Systems TCs 2018

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Freeman, a single individual, reported the following income in the current year:
Guaranteed payment from services rendered to a partnership $50,000
Ordinary income from a S corporation $20,000
What amount of Freeman's income is subject to self-employment tax?
A. $70,000
B. $20,000
C. $50,000
D. $0
Answer: C
Explanation:
Explanation
Choice "c" is correct. Guaranteed payments are reasonable compensation paid to a partner for services
rendered (or use of capital) without regard to his ratio of income. Earned compensation is subject to
selfemployment tax. Payments not guaranteed are merely another way to distribute partnership profits.
The ordinary income reported from an S corporation are taxable income to the individual or their own
individual tax return but is not subject to self-employment tax. The ordinary income reported from a
partnership may be subject to self-employment tax (if to a general partner).

NEW QUESTION: 2
Which three actions can be performed in the Collections Work Area, which will have an impact on the collection process?
A. Changing the collector in the Profile Tab.
B. Applying a customer payment in the Aging Tab.
C. Creating a credit memo in the Transactions Tab.
D. Adding new customer contacts in the Contacts tab.
E. Processing a payment promise in the Transactions Tab.
Answer: A,D,E

NEW QUESTION: 3
Which two options can administrators customize on the Home page? (Select two.)
A. number of report
B. Common Tasks
C. Favorite Reports
D. types of endpoints listed
E. auto-refresh rate
Answer: C,E

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