LCM-001 Reliable Test Pdf, Official LCM-001 Practice Test | LCM-001 Advanced Testing Engine - Fosco

Exam Code:
LCM-001
Exam Name:
GAQM: Information Technology Certification Exam (LCM-001)
111 Questions

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NEW QUESTION: 1
When a corporation issues a nonconvertible debenture, what is the effect upon its net worth?
A. if decreases
B. none of the above
C. it increases
D. if is unchanged
Answer: D
Explanation:
it is unchanged. The debentures add to liabilities and to cash (an asset) received from the
sale. There is no effect on net worth.


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