The Current Ratio Is an Example of A(n)

question 38

Multiple Choice

The current ratio is an example of a(n) :

• A) Liquidity ratio
• B) Profitability ratio
• C) Asset ratio
• D) Leverage ratio

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Definitions:

Strategic Planning

The process of defining a business's strategy or direction and making decisions on allocating resources to pursue this strategy.

Propensity Analysis

The use of statistical techniques to predict the likelihood of a specific event or behavior occurring.

Outsourcing

The practice of delegating certain tasks or functions to external parties or contractors instead of handling them in-house.

Revocability

The capability or the right to withdraw or cancel something, such as privileges, decisions, or policies, often within a legal or contractual context.