Shared Vs NTFS Security

Could someone take a moment and look at Q 78 on this list of practice tests?

I am not sure as to why "A" is the correct answer. I thought that if NTFS
permissions that are more restrictive will override share permissions, and
that the NTFS "Read" permissions on d:\userdata would be in effect.

I don't like any other answer, either.

Thanks for your time.