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NEW QUESTION: 1
An administrator is using Amazon CloudFormation to deploy a three tier web application that consists of a web tier and application tier that will utilize Amazon DynamoDB for storage when creating the CloudFormation template which of the following would allow the application instance access to the DynamoDB tables without exposing API credentials?
A. Create an Identity and Access Management Role that has the required permissions to read and write from the required DynamoDB table and reference the Role in the instance profile property of the application instance.
B. Create an identity and Access Management user in the CioudFormation template that has permissions to read and write from the required DynamoDB table, use the GetAtt function to retrieve the Access and secret keys and pass them to the application instance
through user-data.
C. Create an Identity and Access Management Role that has the required permissions to read and write from the required DynamoDB table and associate the Role to the application instances by referencing an instance profile.
D. Use me Parameter section in the Cloud Formation template to nave the user input Access and Secret Keys from an already created IAM user that has me permissions required to read and write from the required DynamoDB table.
Answer: A

NEW QUESTION: 2
Kevin Rathbun, CFA, is a financial analyst at a major brokerage firm. His supervisor, Elizabeth Mao, CFA, asks him to analyze the financial position of Wayland, Inc. (Wayland), a manufacturer of components for high quality optic transmission systems. Mao also inquires about the impact of any unconsolidated investments.
On December 31,2007, Wayland purchased a 35% ownership interest in a strategic new firm called Optimax for $300,000 cash. The pre-acquisition balance sheets of both firms are found in Exhibit 1.

On the acquisition date, all of Optimax's assets and liabilities were stated on its balance sheet at their fair values except for its property, plant, and equipment (PP&E), which had a fair value of $1.2 million. The remaining useful life of the PP&E is ten years with no salvage value. Both firms use the straight-line depreciation method.
For the year ended 2008, Optimax reported net income of $250,000 and paid dividends of $100,000.
During the first quarter of 2009, Optimax sold goods to Wayland and recognized $15,000 of profit from the sale. At the end of the quarter, half of the goods purchased from Optimax remained in Wayland's inventory.
Wayland currently uses the equity method to account for its investment in Optimax. However, given the potential significance of the investment in the future, Rathbun believes that a proportionate consolidation of Optimax may give a clearer picture of the financial and operating characteristics of Wayland.
Rathbun also notes that Wayland owns shares in Vanry, Inc. (Vanry). Rathbun gathers the data in Exhibit 2 from Wayland's financial statements. The year-end portfolio value is the market value of all Vanry shares held on December 31. All security transactions occurred on July 1, and the transaction price is the price that Wayland actually paid for the shares acquired. Vanry pays a cash dividend of $1 per share at the end of each year. Wayland expects to sell its investment in Vanry in the near term and accounts for it as held- for-trading.
Wayland owns some publicly traded bonds of the Rotor Corporation that it reports as held-to-maturity securities.
Which of the following best describes WaylancTs treatment of the intercompany sales transaction for the quarter ended March 31, 2009? Wayland should reduce its equity income by:
A. $2,625.
B. $7,500.
C. $15,000.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Since al! of the profit from the intercompany transaction is included in Optimax's net income, Wayland must reduce its equity income of Optimax by the pro-rata share of the unconfirmed profit- Since half of the goods remain, half of the profit is unconfirmed. Thus, Wayland must reduce its equity income $2,625 (($15,000 total profit x 50% unconfirmed) x 35% ownership interest]. (Study Session 5, LOS 21.b)

NEW QUESTION: 3
The Payables department has reported that a supplier is not appearing in the Submit Payment Process Request. The payment method selected from the payment processing options at Submit Payment Process Request is Electronic.
Identify two reasons why the supplier is not appearing in the Submit Payment Process Request.
A. The supplier has a default payment method of Check.
B. The payment method Electronic is end-dated on the Payment Method tabbed page of the supplier profile for the supplier.
C. The supplier does not have an active Purchase Order.
D. The supplier must have a Blanket Purchase Agreement in place.
E. The From Date field value for the payment method Electronic is a future date.
Answer: D,E