Which of the Following Statements Regarding the Quick Ratio Is

question 76

Multiple Choice

Which of the following statements regarding the quick ratio is not true?

• A)The quick ratio is also known as the acid-test ratio.
• B)The quick ratio ignores some current assets that are less liquid than others.
• C)The quick ratio is a conservative variation of the current ratio.
• D)The quick ratio equals quick assets divided by total liabilities.

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