IMC Moodle System My courses Dashboard > My courses > Non-Award 7 weeks > 2022 SMART Term1 TACC606 > General > Online quiz 2 (10%) Question 3 Not yet answered Marked out of 1.00 Flag question The statement that is correct concerning Australia is: a. As a firm's leverage increases the manager selects accounting procedures that decrease assets and decrease liabilities O b. Most debt covenants have constraints on the proportion of debt to profit O c. Most debt covenants constrain liabilities as a proportion of assets O d. All the statements are correct Next page Previous page TACC606 NA 2022T1 Assignment Online quiz 1 (10%) Jump to... information