Both the Current Ratio and the Acid-Test Ratio Are ______Ratios

question 220

Multiple Choice

Both the current ratio and the acid-test ratio are ______ratios.

• A)liability
• B)performance
• C)liquidity
• D)leverage

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Definitions:

Direct Voting

A voting system where citizens vote on laws, policies, or leaders directly, without intermediaries or representatives.

Individualistic

Pertaining to a social theory favoring freedom of action for individuals over collective or state control.

Collectivistic

A social pattern where individuals prioritize the needs and goals of the group over personal desires or ambitions.

Communalist

A person who advocates or practices communal living or shares a belief in the benefits of communal ownership and control.