If the Quick Ratio Has Been Increasing Over the Past

question 20

Multiple Choice

If the quick ratio has been increasing over the past several years,which of the following would cause the ratio to continue to increase?

• A)An increase in accounts payable.
• B)An increase in inventories.
• C)An increase in short-term borrowings.
• D)A decrease in taxes payable.

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Definitions:

Complex Tasks

Tasks that involve multiple steps, require a high level of attention and skill, and often need to be solved with creative or non-linear thinking.

Rules And Procedures

Established guidelines and systematic methods designed to regulate behavior and facilitate the operation of organizations.

Collective Efficacy

Shared beliefs that a team can successfully perform a given task.

Team Cohesiveness

The extent to which members of a group are bonded, leading to a strong sense of solidarity and commitment towards collective goals.