Which of the Following Is Not Included in the Computation

question 68

Multiple Choice

Which of the following is not included in the computation of the quick ratio?

• A) inventory
• B) marketable securities
• C) accounts receivable
• D) cash

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Definitions:

NSF Check

A check that cannot be processed due to insufficient funds in the account it's drawn against, leading to a "non-sufficient funds" status.

Petty Cash Fund

A small amount of cash kept on hand for minor, immediate expenses.

Cash Short

An accounting term referring to a situation where the actual physical cash differs from the expected amount, typically indicating a shortfall.

Missing Funds

A financial discrepancy where funds are unaccounted for due to errors, theft, or fraud.