Dollar Ltd Has a Current Ratio of 2:1

question 30

Multiple Choice

Dollar Ltd has a current ratio of 2:1. This means that:

• A) its current assets are insufficient to meet its current liabilities.
• B) there is $2 of current assets for every $1 of current liabilities.
• C) its current assets are half its current liabilities.
• D) its current assets are equal to its current liabilities.

Analyze Bruner's model of the perceptual process and its characteristics.

Describe common biases influencing the impressions we form of others.

Recognize the role of prototypes in social categorization.

Grasp the principles of implicit personality theories and their influence on perception of others.

---

Definitions:

Operation of Law

Changes in legal rights or obligations that occur automatically due to legal rules, rather than the action of any party.

Contract

An agreement recognized by law, involving multiple parties, that details their responsibilities and privileges.

Maslow's Hierarchy

A theory in psychology that arranges human needs into a hierarchical order, where basic needs must be fulfilled before higher-level needs can be addressed.

Activated Needs

Needs that have been aroused and are driving behavior towards goal attainment.