It Is a Good Idea to Use Reproductions of Paintings

question 40

Multiple Choice

It is a good idea to use reproductions of paintings and sculptures from local museums because:

• A) it demonstrates support of the local museums.
• B) local museums are more likely to donate curricular materials to your program.
• C) young children will be more familiar when they visit the museum to see the original.
• D) young children will learn about local artists and artisans.

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Definitions:

Acid-Test Ratio

A stringent test that indicates whether a company has enough short-term assets to cover its immediate liabilities without selling inventory.

Current Liabilities

Current liabilities are a company's debts or obligations that are due within one year.

Liquidity

Refers to how quickly an asset can be converted to cash. Liquid assets can be converted to cash quickly, whereas illiquid assets cannot.

Operating Cycle

The period of time it takes for a business to purchase inventory, sell products, and receive cash from sales.