Easy question. I didn't even had to check to 3rd query, because the second one gave (NULL,0) and there was only one answer in the list with that option 🙂

The explanation however is wrong as pointed out by Ole Kristian. This works perfectly:

SELECT ISNULL(SUM(CONVERT(INT,NULL)),0) as sum_col1

, ISNULL(COUNT(CONVERT(INT,NULL)),0) as cnt_col1

FROM #TestAggregates

Furthermore, the explanation doesn't explain the results of the other two queries. But I guess those are self-explanatory if you read the BOL pages on COUNT and SUM.