Which of the Following Statements Is incorrect

question 7

Multiple Choice

Which of the following statements is incorrect?

• A)If the current ratio is too high the company may not be managing its assets effectively.
• B)If the current ratio is too high the company may have overly high levels of inventory.
• C)If the current ratio is too high the company may have too much cash on hand.
• D)If the current ratio is too high the company may have an insignificant amount of receivables.

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Definitions:

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A structural approach to writing that organizes information from the most important down to the least important.

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A creative method of generating a large volume of ideas within a group or individually, typically to solve a problem or stimulate innovation, without immediate judgment or criticism.