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NEW QUESTION: 1
If prices of a product are falling the use of LIFO rather than FIFO will lead to:
A. higher working capital and lower net income.
B. higher working capital and higher net income.
C. lower working capital and higher net income.
Answer: B
Explanation:
COGS will be lower under LIFO in a period of falling prices leading to higher net income and higher tax payments. Working capital will be higher since the higher inventory value will outweigh the lower cash balance due to higher tax payments.
NEW QUESTION: 2
APM provides access control lists at which two OSI layers,
A. Layer 6
B. Layer 5
C. Layer 2
D. Layer 7
E. Layer 4
Answer: D,E
NEW QUESTION: 3
Scenario:
A. Option B
B. Option D
C. Option C
D. Option A
Answer: B
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LFCA Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the LFCA Exam.
LFCA Exam Topics
Review the LFCA especially if you are on a recertification. Make sure you are still on the same page with what Linux Foundation wants from you.
LFCA Offcial Page
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Check what resources you have available for studying.
Schedule the LFCA 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.