Quick Assets Include Cash, Accounts Receivable, and Prepaid Expenses

question 151

True/False

Quick assets include cash, Accounts Receivable, and prepaid expenses.

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Definitions:

Operating

Refers to the activities involved in the day-to-day functions and management of an organization.

Ransomware

Malware that encrypts a victim's files, with the attacker then demanding a ransom from the victim for the decryption key.

Bitcoin

A decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network.

Company's Servers

Computer systems or software providing services to other computers or clients over a network, owned and operated by a business organization.