AZ connects the word "as" back to certain verbs that can take "object-as-adjective" as a complement:
+---AZ---+ +-O--+ +-Pa-+ | | | | She viewed him as stupid"As" thus has AZ- conjoined with Pa+ (used in ordinary predicate uses of adjectives). Verbs like "view" and "describe" have "O+ & {AZ+}", disjoined with other complement connectors.