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A Current Ratio of 2

question 49

True/False

A current ratio of 2.4:1 means that a small company has $2.40 in current liabilities for every $1 in current assets.


Definitions:

Access Controls

Controls that restrict unauthorized individuals from using information resources and are concerned with user identification.

Access Control

Access control is a security technique that regulates who or what can view or use resources in a computing environment.

Encryption

The method of transforming data or information into a coded format to safeguard against unauthorized entry.

RFID

Stands for Radio-Frequency Identification, a technology used to identify and track tags attached to objects using electromagnetic fields.

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