Which One of the Following Would Not Be Considered a Liquidity

question 162

Multiple Choice

Which one of the following would not be considered a liquidity ratio?

• A) Current ratio
• B) Inventory turnover
• C) Acid-test ratio
• D) Return on assets

Recognize the expense recognition principle for natural resources.

Understand the concept and accounting treatment of goodwill.

Familiarize with the depletion method used for natural resources.

Comprehend the legal life of copyrights and the amortization of intangible assets.

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Definitions:

Methods Analysis

The systematic examination of activities in order to improve the efficient use of resources.

Skills Needed

Specific abilities, knowledge, or expertise required to perform tasks or jobs effectively.

Micro-Motions

Very small, detailed motions that are analyzed to study and improve the efficiency of manual tasks or operations.