An Increase in Which One of the Following Accounts Increases

question 85

Multiple Choice

An increase in which one of the following accounts increases a firm's current ratio without affecting its quick ratio?

• A) accounts payable
• B) cash
• C) inventory
• D) accounts receivable
• E) fixed assets

---

Definitions:

Deny Coverage

Refers to an insurance company's decision not to approve a claim, based on the terms of an insurance policy.

Elective Surgical Procedure

A surgery that is planned in advance and is not essential to save the patient's life, often aimed at improving quality of life.

Equilibrium Price

The price at which the quantity of a good demanded equals the quantity supplied, resulting in market balance.

Doctors per Population

A ratio that illustrates the number of medical professionals available to serve a given number of people in a specified area.