Which of the Following Would NOT Affect the Acid-Test Ratio

question 143

Multiple Choice

Which of the following would NOT affect the acid-test ratio?

• A) increasing supplies
• B) decreasing accounts receivable
• C) increasing cash
• D) decreasing accounts payable

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Definitions:

Leniency Error

A bias in performance evaluations where the reviewer rates an individual more favorably than is warranted by his or her performance.

Product Specification Standards

Detailed descriptions of the essential technical requirements for materials, components, or services, including patterns of performance, functionality, and safety.

Performance Appraisal

Performance appraisal is the process of evaluating an employee's job performance and productivity in accordance with previously established criteria and organisational objectives.

Output Measure

A quantifiable or measurable indicator used to assess the performance, productivity, or efficiency of an operation or process.