A Quick Ratio That Is High According to an Industry

question 113

True/False

A quick ratio that is high according to an industry average might mean the company may have excessive inventory levels or slow moving inventory items.

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Definitions:

Desired Performance

The specific level of achievement or outcome that an individual or organization aims to reach.

Flexible Time Frame

A scheduling approach that allows for adjustments and variability in timing or deadlines, accommodating changes in plans or priorities.

Project Manager

An individual responsible for planning, executing, and completing a project, ensuring it meets all its objectives, timelines, and budgets.

Disciplined Scheduling

The practice of strictly managing tasks and events within a specified timeframe for enhanced productivity.