IIA
IIA-CIA-PART3 · Question #283
IIA-CIA-PART3 Question #283: Real Exam Question with Answer & Explanation
The correct answer is A. Acid-test (quick) ratio. See the full explanation below for the reasoning.
Question
Which of the following is an indicator of liquidity that is more dependable than working capital?
Options
- AAcid-test (quick) ratio
- BAverage collection period
- CCurrent ratio.
- DInventory turnover.
Community Discussion
No community discussion yet for this question.