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NEW QUESTION: 1
When writing Terraform code, HashiCorp recommends that you use how many spaces between each nesting level?
A. 0
B. 1
C. 2
D. 3
Answer: B
Explanation:
Explanation
The Terraform parser allows you some flexibility in how you lay out the elements in your configuration files, but the Terraform language also has some idiomatic style conventions which we recommend users always follow for consistency between files and modules written by different teams. Automatic source code formatting tools may apply these conventions automatically.
Indent two spaces for each nesting level.
When multiple arguments with single-line values appear on consecutive lines at the same nesting level, align their equals signs:
ami = "abc123"
instance_type = "t2.micro"
When both arguments and blocks appear together inside a block body, place all of the arguments together at the top and then place nested blocks below them. Use one blank line to separate the arguments from the blocks.
Use empty lines to separate logical groups of arguments within a block.
For blocks that contain both arguments and "meta-arguments" (as defined by the Terraform language semantics), list meta-arguments first and separate them from other arguments with one blank line. Place meta-argument blocks last and separate them from other blocks with one blank line.
resource "aws_instance" "example" {
count = 2 # meta-argument first
ami = "abc123"
instance_type = "t2.micro"
network_interface {
# ...
}
lifecycle { # meta-argument block last
create_before_destroy = true
}
}
Top-level blocks should always be separated from one another by one blank line. Nested blocks should also be separated by blank lines, except when grouping together related blocks of the same type (like multiple provisioner blocks in a resource).
Avoid separating multiple blocks of the same type with other blocks of a different type, unless the block types are defined by semantics to form a family. (For example: root_block_device, ebs_block_device and ephemeral_block_device on aws_instance form a family of block types describing AWS block devices, and can therefore be grouped together and mixed.)

NEW QUESTION: 2
Conner purchased 300 shares of Zinco stock for $30,000 in 1980. On May 23, 1994, Conner sold all the
stock to his daughter Alice for $20,000, its then fair market value. Conner realized no other gain or loss
during 1994. On July 26, 1994, Alice sold the 300 shares of Zinco for $25,000.
What amount of the loss from the sale of Zinco stock can Conner deduct in 1994?
A. $5,000
B. $0
C. $10,000
D. $3,000
Answer: B
Explanation:
Explanation
Choice "a" is correct. Even though Conner has a realized loss of $10,000 on this transaction he cannot
deduct the loss since it was incurred in a transaction with his daughter, a related party.
Choice "b" is incorrect. $3,000 is the limit on deductible net capital losses. However, Conner cannot
deduct this loss, since it was incurred in a transaction with his daughter, a related party.
Choice "c" is incorrect. Conner's realized loss on the sale is $10,000 ($20,000 proceeds less $30,000
basis). However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter,
a related party.
Choice "d" is incorrect. $10,000 is Conner's realized loss on the sale. However, Conner cannot deduct
this loss, since it was incurred in a transaction with his daughter, a related party.


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