Description: A policy statement in the context of access management is a single statement in a policy document that grants or denies permissions to resources. These statements are fundamental for access management and security in cloud infrastructure, allowing administrators to define who can do what within their environment. Policies are expressed in JSON format and can include specific conditions that determine when and how permissions apply. For example, a policy may allow a user to access a particular resource only during certain hours of the day or from specific IP addresses. The flexibility of policy statements enables organizations to implement granular access control, ensuring that only authorized users can interact with critical resources. Additionally, these policies are essential for compliance with security and auditing regulations, as they allow companies to demonstrate that they have adequate controls in their cloud infrastructure. In summary, policy statements are key tools for governance and security in the cloud ecosystem, facilitating permission management and regulatory compliance.