Which of the Following Statements Is Correct

question 76

Multiple Choice

Which of the following statements is correct?

• A)The cash ratio measures a firm's ability to pay long-term debt with its available cash and marketable securities.
• B)Holding extremely high levels of liquidity to guard against liquidity crises is an inappropriate goal for the firm.
• C)The quick (or acid-test) ratio measures a firm's ability to pay off short-term obligations with long-term debt.
• D)The current ratio is a more stringent measure of liquidity than the quick (or acid-test) ratio.

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Definitions:

STL

The Standard Template Library, a C++ library of container classes, algorithms, and iterators.

Generic Data Types

A way to create functions or data structures that can operate on any data type in programming.

Hybrid Language

A programming language that combines elements of multiple programming paradigms, such as procedural and object-oriented programming.

C++

An object-oriented programming language that extends the C programming language, widely used for software development.