A Company Has the Following Account Balances

question 42

Multiple Choice

A company has the following account balances. What is the acid-test ratio? (Please round to two decimal places.)

• A).93
• B)1.45
• C).64
• D)1.76

---

Definitions:

NLRB

The National Labor Relations Board, a US federal agency responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.

Bargaining Unit

A group of employees with a clear and identifiable community of interests who are represented by a single labor union in bargaining and legal matters.

Criteria

Standards or principles by which something is judged or decided.

Bargaining Units

Groups of employees with a clear community of interests, represented by a single labor union in collective bargaining agreements with their employer.