Brainarium

Jean and John Simmons are married and own their own home as tenants by entirety. When John dies the home is valued at $350,000. How much will be counted in his gross taxable estate? A. None, as it passes directly to his spouse, Jean. B. $175,000 - or one-half of the value C. $225,000 - or the full amount minus the $125,000 one-time exclusion for capital gains on a person residence. D. $350,000 - the full amount is includable. - CORRECT ANSWER - B. $175,000 - or one-half the value Once a...

Bonds that can be traded for stock are known as - CORRECT ANSWER-Convertible Bonds A company most likely will call bonds (assuming bonds are callable) it had previously issued if what occurs? - CORRECT ANSWER-Interest Rates Fall The LOWEST S&P's rating that would qualify as investment grade is what? - CORRECT ANSWER-BBBA treasury bill is taxable by which of the following entities? - CORRECT ANSWER-Higher liquidity and higher marketability You manage a trust that holds zero-coupon bonds....

Which of the following is an example of tangible personal property? • Family residence • IBM stock - Jewelry • Rental house A to B for life, then to C. Following this transfer, which of the following is true? • A has a fee simple interest. • B has a reversionary interest. - C has a remainder interest. • C has a life estate. Under joint tenants with rights of survivorship, when one tenant dies which of the following best describes the result? • Her share passes through h...

which is normally indicated when GNP has decreased for two consecutive quarters? - CORRECT ANSWER-recession the opportunity to buy unissued common stock at a specified price, over a long period of time, is provided to the holder of a: - CORRECT ANSWER-warrant which of the following allows shareholders to purchase additional stock before the company offers shares to the general public? - CORRECT ANSWER-pre-emptive right alfread, a divorcee, dies with a valid will leaving 'my entire estat...

Five Principles of Politics • Rationality Principle • Institution Principle • Collective Action Principle • Policy Principle • History Principle Autocracy - CORRECT ANSWER-A single individual rules Oligarchy - CORRECT ANSWER-A small group of landowners, military officers, religious leaders or wealthy merchants rules Democracy - CORRECT ANSWER-A system of rule that permits citizens to play a significant part in the governmental process Constitutional - CORRECT ANSWER-Formal a...

police powers - CORRECT ANSWER-"policy power" to promote general welfare of community. Defined by communities' values why there is different policies - CORRECT ANSWER-demographics and religion notable demographic change in US - CORRECT ANSWER-increase in minority population religiosity - CORRECT ANSWER-strength of a religious force in a community state responses to immigration - CORRECT ANSWER-sanctuary cities making their own policies/restrictions on wlefare and services collec...

How many governments are in the U.S.? • CORRECT ANSWER-1 federal, 50 state, and 90,000 local What are the advantages to having multiple levels of government? • CORRECT ANSWER-Efficiency, Equity, Participation, Protection against tyranny, Choice tailored to local needs • CORRECT ANSWER-efficiency those who pay also benefit • CORRECT ANSWER-equity local decisions affecting local decision makers • CORRECT ANSWER-participation difficult to ursurp power from dispersed power cente...

What is the overall purpose of government? • CORRECT ANSWER-Promote the overall good 2. Goal of politics? • CORRECT ANSWER-Develop virtue To be happy truly, you must be practicing virtue (Greek philosophy) Impossible for an immoral person to be happy (ie. an addict can only feel happiness through their addiction and eventually that fades as well) Incocate virtue into the citizens for them to be happy 3. What are the three types of virtuous governments according to Aristotle? • COR...

How do most people participate in the political system? - CORRECT ANSWER-Voting, running for office, participating in marches or demonstrations, giving money or time to efforts, attending rallies or events, writing letters or emails, wearing a button What is the most common form of participation in the political system? - CORRECT ANSWER-Voting What is sustained political participation? - CORRECT ANSWER-Consistent voting in presidential and non-presidential elections What is a rational vo...

Legislative Branch Roles: • make statutory laws • amend constitutions • serve constituents • bring government funding Which branch did the founders want to be the strongest? • CORRECT ANSWER-the legislative branch What are statutory laws? • CORRECT ANSWER-laws developed by federal, state and local governments and created by the passing of bills Are there many or few amendments to the constitution of Texas? • CORRECT ANSWER-many Do longer or shorter constitutions keep up...

• What is policy conservatism? - CORRECT ANSWER-A state's tendency to limit the welfare benefits, deregulate business, keep taxes low, and generally place less reliance on government and more reliance on individuals and the marketplace to achieve social goals. • What is policy liberalism? - CORRECT ANSWER-A state's tendency to expand welfare benefits, regulate business, adopt progressive state income taxes, and generally use government to achieve social change. • From where do...

How do most people participate in the political system? • CORRECT ANSWER--Voting • running for office • participating in marches or demonstrations • giving money or time to efforts • attending rallies or events • writing letters or emails • wearing a button • discussing issues with friends • belonging to an organization What is a rational voter? • CORRECT ANSWER--A "rational" voter is one who will vote only if the personal benefits outweighs the costs Who i...

Which programs do state and local governments provide? - CORRECT ANSWER- Health care, Vaccinations, Safeguarding of water supplies, Hospitals/health centers/nursing homes, Medicaid and Medicare Know the impeachment process - CORRECT ANSWER- Presentation of formal charges against Government official. House of Reps.- Needs majority Vote Senate- follows house of Reps with 2/3 vote requirement Trial would then proceed to the supreme court Know the executive positions in Texas - CORRECT ANSWE...

Most Common Sources of State Government Revenue: (7) - CORRECT ANSWER-Taxes Federal Grants Fees and licenses Interest on investments Direct sales Borrowing Gambling How are State and Local Government Revenue trends similar? - CORRECT ANSWER-Both have 75% revenue from own revenue How are State and Local Government Revenue trends different? - CORRECT ANSWER-State receives 1/4 revenue from Federal Government and Local receives less Local receive 1/4 from state governments and States rece...

Federal government policies - CORRECT ANSWER-The only level that can make foreign treaties and declare war. Cannot manage local police forces. State government policies - CORRECT ANSWER-Education, health and welfare, transportation, public safety, civil rights, physical environment, taxation different types of govt - CORRECT ANSWER-federalism-way of organizing country with 2 or more levels of govt; SHARE POWER unitary-power located centreal; FEDERAL(power) Confederation-power rests with s...

HICPAC - CORRECT ANSWER - Healthcare Infection Control Practices Advisory Committee -infection prevention and control OSHA - CORRECT ANSWER - Occupational Safety and Health Administration -healthcare worker safety AORN - CORRECT ANSWER - Association of periOperative Registered Nurses -surgery related AAMI - CORRECT ANSWER - Association for the Advancement of Medical Instrumentation -machines, dialysis, instruments, surgeries DOT - CORRECT ANSWER - Department of Transport -transportati...

Certification Board of Infection Control and Epidemiology (CBIC) - CORRECT ANSWER - board that administers certification process for professionals in infection control and epidemiology National Commission on Certifying Agencies - CORRECT ANSWER - accredits CBIC and a committee of the National Competency Assessment Organization CBIC Mission statement - CORRECT ANSWER - to protect the public through the development, administration, and promotion of an accredited certification in infection p...

1. Which of the following rules should be followed when collecting a stool sample for C. difficile testing? 1. Stool sample should be freshly passed within 1-2 hours 2. 10-20mL of formed stool should be collected 3. Stool should be passed into a clean, dry container 4. Specimens should be obtained before antimicrobial agents have been administered a. 1, 2 b. 2, 3 c. 1, 3 d. 1, 4 CORRECT ANSWER: c. 1, 3 2. What type of meningitis would be most consistent with the following cerebrospin...

CAPT COMPILED PACKAGE DEAL

It is preferred that the mental health client be cared for at home for which of the following reasons? - CORRECT ANSWER- The client can be assessed in his "normal" environment. Twenty years ago, the need for home care for the mentally ill was: - CORRECT ANSWER- Less than the present time. The client is being cared for in an inpatient facility. Which of the following is an example that would be found in the treatment of this client when the Psychosocial Rehabilitation Model is used? -...