Which of the Following Statements Is False

question 59

Multiple Choice

Which of the following statements is false?

• A)Dikes are older than the rocks they cross-cut.
• B)Faults are younger than the rocks they cross-cut.
• C)Sills are younger than the rocks they cross-cut.
• D)Unconformities are younger than the layers they erode.

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Definitions:

Fixed Asset Turnover

A financial ratio that measures a company’s ability to generate sales from its fixed-asset investments - such as property, plant, and equipment.

Current Ratio

A financial ratio assessing a firm's capacity to fulfill its short-term liabilities using its current assets.

Short-Term Liquidity

An indicator of a company's ability to meet its short-term financial obligations using assets that can be quickly converted into cash.

Quick Ratio

A liquidity measure that indicates a company's ability to cover its short-term obligations with its most liquid assets.