The Basic Difference Between the Quick Ratio and the Current

question 59

Multiple Choice

The basic difference between the quick ratio and the current ratio is that the ________.

• A) quick ratio assumes that marketable securities can be quickly converted to cash
• B) quick ratio is a more severe test
• C) quick ratio assumes that inventories can be quickly converted to cash
• D) current ratio measures only the most liquid assets

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Definitions:

Electrified Needles

Needles that carry electrical currents, often used in medical treatments like electroacupuncture or in certain surgical procedures to cut tissue or seal blood vessels.

Midlevel Practitioners

Healthcare providers who have training and expertise beyond that of a registered nurse, but less than a physician, such as nurse practitioners and physician assistants.

Supervising Physician

A licensed medical doctor who has the responsibility to oversee and guide the medical procedures performed by other healthcare professionals.

Activities

Actions or tasks that are performed, often for a specific purpose or enjoyment.