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A Business Application Is Hosted on Amazon EC2 and Uses

question 504

Multiple Choice

A business application is hosted on Amazon EC2 and uses Amazon S3 for encrypted object storage. The chief information security officer has directed that no application traffic between the two services should traverse the public internet. Which capability should the solutions architect use to meet the compliance requirements?

Differentiate between assets, liabilities, and stockholders' equity.
Understand the recording and impact of business transactions.
Recognize the assumptions and principles underpinning financial reporting.
Identify the components and purpose of key financial statements.

Definitions:

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on factors such as willingness to pay, location, or purchase volume.

Economies of Scale

The cost advantage that arises with increased output of a product, where the average cost per unit decreases as scale of production increases.

Barriers to Entry

Factors that prevent or hinder companies from entering a specific market, such as high startup costs or stringent regulations.

Profit-Maximizing

a strategy or process where a firm determines the price, output level, and production scale that lead to the highest possible profit, under certain market conditions.

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