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Which of the Following Accounts Would Be Included in the Calculation

Question 51

Multiple Choice

Which of the following accounts would be included in the calculation of the acid-test ratio?
 Accounts  Receivable  Prepaid  Expense  Inventory  A)   Yes  Yes  No  B)   No  Yes  Yes  C)   No  No  Yes  D)   Yes  No  No \begin{array}{|l|l|l|l|}\hline & \begin{array}{l}\text { Accounts } \\\text { Receivable }\end{array} & \begin{array}{l}\text { Prepaid } \\\text { Expense }\end{array} & \text { Inventory } \\\hline \text { A) } & \text { Yes } & \text { Yes } & \text { No } \\\hline \text { B) } & \text { No } & \text { Yes } & \text { Yes } \\\hline \text { C) } & \text { No } & \text { No } & \text { Yes } \\\hline \text { D) } & \text { Yes } & \text { No } & \text { No } \\\hline\end{array}


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

Correct Answer:

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