A Current Ratio of 1

question 224

True/False

A current ratio of 1.2 to 1 indicates that a company's current assets exceed its current liabilities.

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Definitions:

Safety Needs

Fundamental requirements for a secure and protected environment, often considered a basic human motivation.

Need Achievers

Individuals who have a strong desire to excel, to achieve in relation to a set of standards, to strive to succeed.

Achievable Goals

Objectives that are realistic and attainable within a specific timeframe, taking into account the available resources and constraints.

Individual Responsibility

The obligation of a person to account for their activities and accept the consequences of their actions.