All of the Following Accounts Are Part of Cash Management

question 72

Multiple Choice

All of the following accounts are part of cash management except

• A)petty cash.
• B)cash in a savings account.
• C)cash invested in a stock mutual fund.
• D)cash in a checking account.
• E)cash on hand.

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Definitions:

Current Ratio

A financial ratio indicating a firm's capacity to cover its short-term liabilities with its current assets.

Financial Data

Information about financial transactions, including revenues, expenses, assets, and liabilities, used to analyze the financial health of a business.

Acid-Test Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets, excluding inventory.

Financial Data

Information related to the financial status of an individual or organization, including income, expenses, assets, and liabilities.