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One true statement about cash-basis accounting is that
A. Health insurance companies and health plans that fall under the jurisdiction of state insurance commissioners must report some items on a cash basis for statutory reporting purposes
B. Most companies use a pure cash-basis accounting system
C. Cash receipt, but not cash disbursement, is an important component of cash-basis accounting
D. Cash-basis accounting records revenue according to the realization principle and expenses according to the matching principle
Answer: A

NEW QUESTION: 2
A Developer must deploy a new AWS Lambda function using an AWS CloudFormation template.
Which procedures will deploy a Lambda function? (Select TWO.)
A. Create an AWS::Lambda::Function resource in the template, then write the code directly inside the CloudFormation template.
B. Upload the function code to a private Git repository, then add a reference to it in an resource in the template.
AWS::Lambda::Function
C. Upload a .ZIP file to AWS CloudFormation containing the function code, then add a reference to it in an AWS::Lambda::Function resource in the template.
D. Upload the code to an AWS CodeCommit repository, then add a reference to it in an resource in the template.
AWS::Lambda::Function
E. Upload a .ZIP file containing the function code to Amazon S3, then add a reference to it in an resource in the template.
AWS::Lambda::Function
Answer: A,C

NEW QUESTION: 3



A. Option B
B. Option A
Answer: B

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