Which Ratio Will Increase When Accounts Payable Is Not Recorded

question 4

Multiple Choice

Which ratio will increase when accounts payable is not recorded?

• A) Accounts payable/Inventory
• B) Quick assets/Current liabilities
• C) Accounts payable/COGS
• D) Accounts payable/Total liabilities

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Definitions:

Black Officeholders

Refers to African American individuals who hold public office, which has historically marked significant progress in political representation and civil rights.

Reconstruction

The period following the Civil War (1865-1877) during which the United States made efforts to reintegrate Southern states into the Union and redefine the legal status of African Americans.

Carpetbaggers

A term used derogatorily for Northerners who moved to the South after the Civil War, seeking personal gain or to assist in Reconstruction efforts.

Scalawags

A term used during the Reconstruction era in American history to describe Southern whites who supported Reconstruction and the Republican Party.