What Is One Activity That Is Not One of the Responsibilities

question 29

Multiple Choice

What is one activity that is not one of the responsibilities of accountants to help keep a project on track?

• A)ensuring that the project is on schedule
• B)evaluating and measuring benefits
• C)helping programmers write code
• D)monitoring costs

---

Definitions:

Acid-Test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick assets, which exclude inventory.

Quick Ratio

A liquidity ratio that measures a company's ability to pay its short-term obligations with its most liquid assets.

Current Ratio

A financial ratio indicating a firm's capacity to settle short-term debts or liabilities due within the next 12 months.

Horizontal Analysis

A financial analysis technique comparing historical data, such as revenues or profits, over a series of periods to identify trends or patterns.