How Are Prepaid Expenses Used in Each of the Following

question 74

Multiple Choice

How are prepaid expenses used in each of the following ratios?
  Current ratio    Quick ratio

• A)Numerator   Denominator
• B)Numerator   Numerator
• C)Numerator   Not used
• D)Not used   Numerator

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Definitions:

Corporate Affairs

Encompasses the management of a company's relationships and interactions with its stakeholders, including government, the public, and the media.

External Environment

The external environment includes all outside factors and influences that impact the operation of a business, such as economic, social, political, and technological factors.

Data

Information, statistics, or facts collected for analysis, reference, or calculation, often used to make decisions or inform policy.

Decision Makers

Individuals or groups responsible for making choices that affect an organization's strategies and operations.