Which of the Following Ratios Is a Good Measure of the Liquidity

question 23

Multiple Choice

Which of the following ratios is a good measure of the liquidity of a city's resources?

• A)cash and investments divided by current liabilities
• B)fund balance as a percentage of revenues
• C)debt service expenditures as a percentage of revenues
• D)sales taxes as a percentage of total taxes

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Definitions:

Ethics Training

Educational programs or workshops designed to inform individuals about the principles of moral and ethical decision-making relevant to a particular profession, organization, or society.

Distributed Learning

Educational approaches that allow for learning to occur in various locations, often through technology, enabling remote access to instructional content.

Mass Learning

The process of acquiring knowledge or skills through large-scale educational efforts, often lacking personalization.

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Describes a process or system put into use without proper planning or execution, leading to suboptimal outcomes.