If a Firm Has a Current Ratio of 2, the Subsequent

question 41

True/False

If a firm has a current ratio of 2, the subsequent receipt of a 60-day note receivable on account will cause the ratio to decrease.

---

Definitions:

Sense Of Inferiority

A pervasive feeling of being lesser or inadequate in comparison to others, which can significantly impact one's self-esteem and behavior.

Compliant

Showing a willingness to follow rules or orders; agreeable to guidelines or requests.

Need For Affection

A psychological drive that compels individuals to seek out closeness and interpersonal warmth.

Therapist-Client Relationship

The professional and therapeutic relationship established between a mental health professional and their client, fundamental to effective therapy.