The Quick Ratio Is Similar to the Current Ratio Except

question 73

Multiple Choice

The quick ratio is similar to the current ratio except it does NOT include ____.

• A) cash
• B) accounts receivable
• C) prepaid items
• D) inventories

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Definitions:

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, encompassing both natural and built environments.

Melatonin

A hormone produced by the pineal gland that regulates sleep-wake cycles and is involved in various biological rhythms.

Secreted

The process by which substances are produced and discharged from a cell, gland, or organ for a particular function in the organism or for excretion.

Darkness

The absence of light in an environment, affecting visibility and perception.