Which of the Following Could Explain a Decrease in the Quick

question 31

Multiple Choice

Which of the following could explain a decrease in the quick ratio?

• A) A change from FIFO to LIFO
• B) A change in the depreciation method used
• C) Slow-moving inventory
• D) Increase in accounts payable

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Definitions:

NullPointerException

An exception thrown in programming when attempting to access or modify a null object reference.

Instantiated

The process of creating a specific instance of a class in object-oriented programming.

Finally Block

A block of code that follows a try-catch structure, which is executed regardless of whether an exception is caught or not.

Try Block

A block of code that is tested for errors while it is being executed.