Which of the Following Account Balances Would Not Be Used

question 52

Multiple Choice

Which of the following account balances would not be used in the calculation of the current ratio?

• A) Inventory
• B) Accounts payable
• C) Sales revenue
• D) Prepaid insurance

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Definitions:

Registered Voters

Individuals who have completed the necessary procedures to be eligible to vote in an election.

Random Sample

A subset of individuals chosen from a larger set, where each individual is selected randomly and entirely by chance, ensuring that every subset of the population has an equal probability of being chosen.

Females

Individuals of the female sex or gender, characterized biologically by two X chromosomes in mammals.

Expected Value

The long-run average value of repetitions of the same experiment or random trial, indicating the central tendency.