Which of the Following Statements Is True

question 51

Multiple Choice

Which of the following statements is true?

• A)Current assets consist of cash,accounts receivable,inventory,and net plant,property,and equipment.
• B)The quick ratio is a more restrictive measure of a firm's liquidity than the current ratio.
• C)For the average firm,inventory is considered to be more "liquid" than accounts receivable.
• D)A successful firm's current liabilities should always be greater than its current assets.

---

Definitions:

Widower

A man who has lost his spouse through death and has not remarried.

Neurofibrillary Tangles

Abnormal accumulations of a protein called tau that form inside neurons, contributing to neurodegenerative diseases such as Alzheimer's disease.

Cerebral Cortex

The gray, convoluted covering of the cerebral hemispheres that is responsible for the higher mental processes of language, memory, and thinking.

Alzheimer's

A progressive neurodegenerative disease characterized by memory loss, cognitive decline, and personality changes, resulting from the death of brain cells and the breakdown of connections between them.