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.

---

Definitions:

Long Run

Long run refers to a time period in economics where all inputs or factors of production can be adjusted, allowing an analysis of long-term planning or investment outcomes.

Monopolistic Competitor

A monopolistic competitor is a firm that has many competitors in a market but differentiates its product or service enough to have some control over its price.

Tex-Mex Restaurant

A type of dining establishment that serves a fusion cuisine of Texan and Mexican origins, characterized by its hearty, flavorful dishes.

Local Phone Company

A telecommunications provider that offers services within a specific geographic area, typically handling local calls and access.