The Acid Test Ratio Eliminates from Its Calculation Because It

question 25

Multiple Choice

The acid test ratio eliminates from its calculation because it is considered the least liquid of the current assets.

• A) debtors
• B) government securities
• C) inventory
• D) bank bills

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Definitions:

Combinations

The selection of items from a larger set such that the order of selection does not matter.

Levels

Refers to the different values or categories of a variable in a study or analysis.

Degrees Of Freedom

The number of values in a statistical calculation that are free to vary for the purpose of estimating a parameter or fitting a model.

Two Way ANOVA

A statistical test used to determine the effect of two nominal predictor variables on a continuous outcome variable.