Which of the Following Is TRUE

question 13

Multiple Choice

Which of the following is TRUE?

• A) Computerization reduces our level of isolation.
• B) IT increases the number of middle managers.
• C) Managers have more time to make decisions.
• D) Remote supervision will probably become a norm.

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Definitions:

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Current Obligations

Short-term financial liabilities or debts that are due within one year or within the normal operating cycle of a business.

Firm's Operations

The day-to-day activities involved in the running of a business for the purpose of producing value for the stakeholders.

Quick Ratio

An indicator of a firm's capacity to fulfill its immediate liabilities using its most easily convertible assets.