Quick Assets Include Which of the Following

question 144

Multiple Choice

Quick assets include which of the following?

• A)Cash,marketable securities,and receivables.
• B)Cash,marketable securities,and inventories.
• C)Cash,prepaid rent,and receivables.
• D)Market securities,receivables,and inventories.

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Definitions:

Scheduled

Planned or predetermined; refers to tasks, activities, or payments set to occur at a specific time or date.

Unscheduled

Refers to events or activities, such as payments or transactions, that occur without a predetermined or set time frame.

Reminder

A tool or alert designed to prompt an individual to recall or take action on a particular task or event.

Transaction Types

The various categories of financial activities, such as sales, purchases, payments, and receipts, recorded in accounting.