A mid-sized company’s IT security engineer is attempting to…

A mid-sized company’s IT security engineer is attempting to make it more difficult for the company’s wireless network to be compromised. She is using techniques such as random challenge-response dialogue for authentication, timestamps on authentication exchanges, and one-time pad or session-based encryption. What form of wireless attack is she defending against?

Chipper Corporation, a calendar year C corporation, owns 30%…

Chipper Corporation, a calendar year C corporation, owns 30% of Simplot Corporation stock. Chipper has Net Operating Income of $836,000 and received $150,000 in dividends from Simplot (not included in Net Operating Income). Determine Chipper’s dividend received deduction (assuming the deduction is not limited by its taxable income).