Which of the Following Statements Is True

question 104

Multiple Choice

Which of the following statements is true?

• A)A current ratio of 1.2 to 1 indicates that a company's current assets are less than its current liabilities.
• B)All companies, regardless of size, should have a current ratio of at least 2:1.
• C)The current ratio is a more dependable indicator of liquidity than working capital.
• D)The use of the current ratio does not make it possible to compare companies of different sizes.

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Definitions:

Structure The Meeting

This involves organizing and planning a meeting in a way that ensures it is effective and efficient, with clear objectives, an agenda, and designated times for discussions.

Plan A

Often implies a primary strategy or initial course of action set before any alternatives are considered.

Plan B

A backup plan or alternative strategy in case the original plan fails or circumstances change.

Social Influence

The effect of other people's actions, perceptions, or behavior on an individual's attitudes, beliefs, or actions.