Which of the Following Statements Regarding the Quick Ratio Is

question 98

Multiple Choice

Which of the following statements regarding the quick ratio is incorrect?

• A) The quick ratio is also known as the acid-test ratio.
• B) The quick ratio ignores some current assets that are less liquid than others.
• C) The quick ratio is a conservative variation of the current ratio.
• D) The quick ratio equals quick assets divided by total liabilities.

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Definitions:

Proof Statements

Assertions used in sales and marketing to substantiate claims about the effectiveness and value of a product or service.

Outside Organization

An entity or group external to one's own organization, often referred to in context of partnerships, collaborations, or opposition.

Sales Presentation Goal Model

A framework or strategy that outlines the objectives and intended outcomes of a sales presentation, guiding its structure and content.

Audience

The group of people targeted by a message, presentation, or product, often characterized by shared demographics, interests, or needs.