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NEW QUESTION: 1
A service entity keeps its accounting records on a cash basis. During the recent year the entity collected US $600,000 from customers. The following information is also available:
What was the amount of service revenue for the year on an accrual basis?
A. US $555,000
B. US $675.000
C. US $645.000
D. US $525.000
Answer: C
Explanation:
The amount of service revenue for the year on an accrual basis equals US $645,000$600,000 cash collected - $15,000 unearned revenue + $60,000 increase in accounts receivable).
NEW QUESTION: 2
A. Option D
B. Option E
C. Option C
D. Option B
E. Option A
Answer: B
NEW QUESTION: 3
An organization is planning to create a user with IAM. They are trying to understand the limitations of IAM so that they can plan accordingly. Which of the below mentioned statements is not true with respect to the limitations of IAM?
A. One AWS account can have a maximum of 5000 IAM users
B. One IAM user can be a part of a maximum of 5 groups
C. The organization can create 100 groups per AWS account
D. One AWS account can have 250 roles
Answer: B
Explanation:
Explanation/Reference:
Explanation:
AWS Identity and Access Management is a web service which allows organizations to manage users and user permissions for various AWS services. The default maximums for each of the IAM entities is given below:
Groups per AWS account: 100
Users per AWS account: 5000
Roles per AWS account: 250
Number of groups per user: 10 (that is, one user can be part of these many groups).