MCQOPTIONS
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| 1. |
What is the difference between the current ratio and the quick ratio? |
| A. | The current ratio includes inventories and the quick ratio does not. |
| B. | The current ratio does not include inventories and the quick ratio does. |
| C. | The current ratio includes physical capital and the quick ratio does not. |
| D. | The current ratio does not include physical capital and the quick ratio does. |
| Answer» B. The current ratio does not include inventories and the quick ratio does. | |