All Else Unchanged, Which of the Following Is True When

question 379

Multiple Choice

All else unchanged, which of the following is true when a firm sells a fixed asset on credit (an account receivable is created) ?

• A) The current ratio goes up but the quick ratio is unchanged.
• B) The current ratio goes up but the quick ratio declines.
• C) The quick ratio goes up but the current ratio is unchanged.
• D) The quick ratio goes up but the current ratio declines.
• E) The quick ratio and the current ratio both go up.

---

Definitions:

Attention

Actively paying attention to a specific part of the environment, while omitting to notice other aspects.

Motor Reproduction

In the context of social learning theory, it refers to the physical ability to replicate the observed actions of a model.

Observational Learning

A learning process whereby individuals acquire new behaviors by watching and imitating others.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other things.