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NEW QUESTION: 1
A leasing company generates and emails POF statements every month for all its customers. Each statement is about 400 KB in size. Customers can download their statements from the website for up to 30 days from when the statements were generated. At the end of their 3-year lease, the customers are emailed a ZIP file that contains all the statements What is the MOST cost-effective storage solution for this situation?
A. Store the statements using the Amazon S3 Standard storage class. Create a lifecycle policy to move the statements to Amazon S3 One Zone-Infrequent Access (S3 One Zone-IA) storage after 30 days.
B. Store the statements using the Amazon S3 Standard storage class Create a lifecycle policy to move the statements to Amazon S3 Glacier storage after 1 day.
C. Store the statements using the Amazon S3 Standard-Infrequent Access (S3 Standard-IA) storage class.
Create a lifecycle policy to move the statements to Amazon S3 Glacier storage after 30 days.
D. Store the statements using the Amazon S3 Glacier storage class Create a lifecycle policy to move the statements to Amazon S3 Glacier Deep Archive storage after 30 days.
Answer: D

NEW QUESTION: 2
Which of the following is required by the Economic Growth and Tax Relief Reconciliation Act of 2001?
A. Allows employers to contribute a percentage of company earnings to retirement plans each year
B. Requires pension plans to account for employee contributions separately from employer contributions
C. Requires employer pension contributions to be funded on a quarterly basis
D. Allows employees older than 50 to make catch-up contributions to retirement accounts
Answer: D
Explanation:
Answer option C is correct.EGTRRA made changes to pension contribution limits and allows employees older than 50 to make catch-up pension contributions. See Chapter 6 for more information. Chapter: Compensation and Benefits Objective: Benefits

NEW QUESTION: 3
Irwin Inc. has a self-insurance plan. Each year, retained earnings is appropriated for contingencies in an amount equal to insurance premiums saved minus recognized losses from lawsuits and other claims. As a result of a 1996 accident, Irwin is a defendant in a lawsuit in which it will probably have to pay damages of
$190,000. What are the effects of this lawsuit's probable outcome on Irwin's 1996 financial statements?
A. No effect on either expenses nor liabilities.
B. An increase in both expenses and liabilities.
C. An increase in expenses and no effect on liabilities.
D. None of these answers.
E. No effect on expenses and an increase in liabilities.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Since the outcome of the lawsuit is probable and estimable, the amount of $190,000 will be recorded in the financial statements as a contingent liability and an expense.