Select the Incorrect Statement Regarding the Quick Ratio

question 40

Multiple Choice

Select the incorrect statement regarding the quick ratio:

• A)The quick ratio is also known as the acid-test ratio.
• B)The quick ratio equals quick assets divided by total liabilities.
• C)The quick ratio is a conservative variation of the current ratio.
• D)The quick ratio ignores some current assets that are less liquid than others.

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Definitions:

Fenestrated Capillaries

Capillaries with small pores in their endothelial lining, allowing for the rapid exchange of substances between blood and tissues.

Large Fenestrae

Large fenestrae are large pores found in some capillary walls, facilitating the rapid exchange of substances between blood vessels and surrounding tissues.

Endocrine Glands

Glands that produce hormones and release them directly into the bloodstream to regulate various body functions.

Semilunar Valves

Heart valves located at the exits of the right and left ventricles, preventing blood from flowing back into the ventricles after it has been pumped out.