Which of the Following Is the Most Commonly Used Liquidity

question 11

Multiple Choice

Which of the following is the most commonly used liquidity ratio?

• A) Return on equity
• B) Return on sales
• C) Current ratio
• D) Quick ratio
• E) They are all equally used.

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Definitions:

Variable Overhead Spending Variance

The difference between the actual and budgeted or standard costs of variable overheads incurred during a period.