What is the net effect of this policy?

A solutions architect must analyze and update a company’s existing IAM policies prior to deploying a new workload. The solutions architect created the following policy:

What is the net effect of this policy?
A. Users will be allowed all actions except s3:PutObject if multi-factor authentication (MFA) is enabled.
B. Users will be allowed all actions except s3:PutObject if multi-factor authentication (MFA) is not enabled.
C. Users will be denied all actions except s3:PutObject if multi-factor authentication (MFA) is enabled.
D. Users will be denied all actions except s3:PutObject if multi-factor authentication (MFA) is not enabled.

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