How Would the Collection of an Account Receivable Affect the Current

question 43

Multiple Choice

How would the collection of an account receivable affect the current ratio and the quick ratio,respectively?

• A)No effect on current ratio;increase in quick ratio
• B)Increase in current ratio;increase in quick ratio
• C)No effect on current ratio;no effect on quick ratio
• D)Decrease in current ratio;decrease in quick ratio

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Definitions:

Ecosystem Restoration

The process of assisting the recovery of an ecosystem that has been degraded, damaged, or destroyed, aiming to return it to its original state.

Artificial Ecosystems

Ecosystems that have been created or heavily modified by humans, including urban environments, agricultural land, and managed forests.

Rehabilitation

The process of restoring someone to health or normal life through training and therapy after imprisonment, addiction, or illness.

Preservationist Ethic

A principle that advocates for the protection and preservation of the natural environment from human harm or exploitation.