Which of the Following Transactions Does NOT Affect the Quick

question 45

Multiple Choice

Which of the following transactions does NOT affect the quick ratio?

• A) Land held for investment is sold for cash.
• B) Equipment is purchased and is financed by a long-term debt issue.
• C) Inventories are sold for cash.
• D) Inventories are sold on a credit basis.

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Definitions:

Assignment Success

The successful completion or achievement of specific tasks or projects assigned to an individual or team.

International Assignments

Employment tasks or projects that require employees to work in a foreign country temporarily or permanently.

HR Considerations

Factors within human resources management that influence decisions, such as legal, cultural, and ethical concerns.

Long-Term

Pertaining to events, strategies, or operations that extend over a significant period, typically more than a year.