Which of the Following Is NOT an Accounting Method That

question 11

Multiple Choice

Which of the following is NOT an accounting method that could be chosen by a company to help the current ratio look as high as possible?

• A) classifying short-term obligations as noncurrent liabilities
• B) optimistic estimation of the useful life of plant and equipment
• C) delaying the recording of credit acquisitions of inventory until the next accounting period
• D) neglecting to write off obsolete inventory.

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Definitions:

Thalamus

A crucial brain structure that acts as a relay station for sensory and motor signals to the cerebral cortex, involved in consciousness and alertness.

Occipital Lobes

Regions of the cerebral cortex at the back of the brain; these regions are important for vision.

Cerebral Cortex

The outer layer of neural tissue of the cerebrum of the brain, playing a key role in memory, attention, perception, awareness, thought, language, and consciousness.

Somatic Nervous System

The part of the peripheral nervous system that handles voluntary control of body movements via skeletal muscles.