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NEW QUESTION: 1

A. Option D
B. Option C
C. Option B
D. Option A
Answer: A,C

NEW QUESTION: 2
This question requires that you evaluate the underlined text to determine if it is correct.
The benefit of using a transaction when updating multiple tables is that the update cannot fail.
Select the correct answer if the underlined text does not make the statement correct. Select "No change is needed" if the underlined text makes the statement correct.
A. No change is needed
B. finishes as quickly as possible
C. succeeds or fails as a unit
D. can be completed concurrently with other transactions
Answer: C
Explanation:
Explanation/Reference:
The benefit of using a transaction when updating multiple tables is that the update succeeds or fails as a unit.

NEW QUESTION: 3
Which of the following events is likely to encourage a corporation to increase its debt ratio?
A. An increase in the corporate tax rate.
B. An increase in the expected cost of bankruptcy.
C. An increase in the personal tax rate.
D. Increased uncertainty about the level of sales and output prices.
E. An increase in the company's degree of operating leverage.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
A major reason for using debt is that interest is deductible, which lowers the effective cost of debt. An increase in the corporate tax rate will increase the tax savings from using debt. An interest increase in the personal tax rate will make interest income less attractive. An increase in operating leverage, bankruptcy costs, and uncertainty about sales and output prices will encourage the firm to decrease financial leverage.


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GSLC Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the GSLC Exam.

GSLC Exam Topics

Review the GSLC especially if you are on a recertification. Make sure you are still on the same page with what GIAC wants from you.

GSLC Offcial Page

Review the official page for the GSLC Offcial if you haven’t done it already.
Check what resources you have available for studying.

Schedule the GSLC Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.