All of the Following Are Measures of Liquidity and Cash

question 128

Multiple Choice

All of the following are measures of liquidity and cash flow except

• A) payables turnover.
• B) return on assets.
• C) the current ratio.
• D) days' payable.

---

Definitions:

Budgeting

The process of creating a plan to spend your money, allowing you to determine in advance whether you will have enough money to do the things you need to do or would like to do.

Activity Variance

The difference between the expected performance or cost of an activity and its actual performance or cost, used for budgetary control and operational improvements.

Other Expenses

Costs not directly related to core business operations, such as interest payments or losses from asset sales.

Budgeting

The process of creating a plan to spend your money, helping to ensure that enough money is available for the things you need and the goals you want to achieve.