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Exam Code: AWS-Solutions-Architect-Associate
Exam Name: AWS Certified Solutions Architect - Associate (SAA-C02)
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NEW QUESTION: 1
What access control scheme uses fine-grained rules to specify the conditions under which access to each data item or applications is granted?
A. Attribute Based Access Control (ABAC)
B. Role Based Access Control (RBAC)
C. Discretionary Access Control (DAC)
D. Mandatory Access Control (MAC)
NEW QUESTION: 2
Which of the following statements is (are) true with respect to the impact the choice between expensing and capitalizing will have on certain financial ratios?
I). Profit margins will be higher throughout the period for firms that capitalize certain expenditures as opposed to expensing them.
II). Reported income tends to be more stabilized throughout the period if the capitalization method is used.
III). Asset turnover ratios will be lower for firms that capitalize certain expenditures as opposed to expensing them.
IV). Debt-to-equity ratios will be lower for companies that expense costs as opposed to capitalizing them.
A. I and II.
B. II and III.
C. III and IV.
I is incorrect. It is true that in the early years, profits will be higher when certain expenses are capitalized. However, in the following years, a capitalized method would still report an annual expense; but had the items been fully expensed in the initial year, there would not have been any more recorded expenses.
IV is incorrect because firms that expense costs rather than capitalizing them, will report lower asset, and therefore, lower equity values. Consequently, the debt-to-equity ratio will be higher for a company that expenses the costs in question.
NEW QUESTION: 3
Section A (1 Mark)
As per Hindu succession Act 1956 following person is not considered as a class I heir of the person who dies intestate
Section C (4 Mark)
Mr. Saxena, age 45 years, is a software engineer and promoter of an Indian MNC. His family comprises his wife Anupama, age 43 years, who is a house wife, elder son Arup, 16 years (studying in 10th standard) and daughter Aarti, 14 years (studying in 8th standard). The family resides in their self owned residential house in Mumbai. Most of their life amenities such as cars, abroad vacations and full education cost of both kids are provided by Mr. Saxena's company, as he is the Managing Director of his company. The company is growing consistently and is on way to become a global legend in its field of operations. As such the future prospects of Mr. Saxena are generous and progressive.
Mr. Saxena is now planning to allocate his resources in the right fashion with your help as a Chartered Wealth Manager.
For this, he has disclosed his current personal financial details as follows:
Other details for FY 2007-08
1.Mr. Saxena has made investments worth Rs. 1.50 Lakh qualified U/S 80C.
2.He has donated Rs. 50,000 to Prime Ministers National Relief Fund.
3.He has transferred interest received by him on debentures to his wife's bank account the same date he received it.
4.Mr. Saxena's minor son, Arup, is a recognized child artist in children cinema and documentary films. Arup earned a sum of Rs. 1,50,000 from his assignments.
Mr. Saxena wants to resolve all estate bequeathing matters in his life time so that there should be no dispute after his death. For this purpose he has prepared a "Holograph Will".
Current estimates of economy are positive and interest rates are not likely to increase further in near future.
The family has a health cover provided by the company of Mr. Saxena. Also his house with all its contents is insured adequately.
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