The ________ Is a Measure of Liquidity Which Excludes ________

question 203

Multiple Choice

The ________ is a measure of liquidity which excludes ________, generally the least liquid asset.

• A) current ratio; accounts receivable
• B) quick ratio; accounts receivable
• C) current ratio; inventory
• D) quick ratio; inventory

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Definitions:

Manufacturing Business

A company involved in the transformation of raw materials into finished products through the use of machinery and labor.

Free-Flow Layout

A store or workplace arrangement where fixtures and merchandise are grouped in an informal, non-linear manner to encourage exploration by customers.

Hat Shop

A retail store specializing in selling hats and headwear.

Process Layout

An arrangement of resources in a manufacturing or service system according to the sequence of operations that need to be performed.