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Which of the Following Accounts Would Be Included in the Calculation

Question 185

Multiple Choice

Which of the following accounts would be included in the calculation of the acid-test ratio? Accounts Prepaid

ReceivableExpenseInventory A)  Yes  Yes  No  B)  No  Yes  Yes  C)  No  No  Yes  D)  Yes  No  No  \begin{array}{llll}Receivable& Expense& Inventory\\\text { A) Yes } & \text { Yes } & \text { No } \\ \text { B) No } & \text { Yes } & \text { Yes } \\ \text { C) No } & \text { No } & \text { Yes } \\ \text { D) Yes } & \text { No } & \text { No }\end{array}


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

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