An Increase in Which One of the Following Accounts Increases

question 101

Multiple Choice

An increase in which one of the following accounts increases a firm's current ratio without affecting its quick ratio?

• A)Accounts payable
• B)Cash
• C)Inventory
• D)Accounts receivable
• E)Fixed assets

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Definitions:

Qualified Generals

Qualified generals are military officers who have demonstrated exceptional skill, experience, and leadership abilities, meeting strict qualifications for command positions within the armed forces.

Lack Of Manpower

A situation in which there is an insufficient number of people available to perform a certain job or task, leading to operational challenges.

Destruction Of Property

The act of intentionally damaging or destroying property, either publicly or privately owned.

Military Tactic

A maneuver or strategy used by armed forces during combat to gain a tactical advantage over the enemy.