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NEW QUESTION: 1
Which of the following is/are true about liquidity ratios, all else equal?
I. The cash ratio increases as average receivables increase.
II. The quick ratio is a more conservative liquidity ratio than the current ratio.
III. Liquidity ratios decrease as total liabilities decrease.
A. I & III
B. I, II & III
C. III only
D. II only
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Receivables are not part of the cash ratio and hence, changes in receivables do not directly affect the cash ratio. The quick ratio does consider receivables in addition to cash and marketable securities but ignores all other current assets. Thus, it is more conservative than the current ratio.

NEW QUESTION: 2
An instructor is delivering a course session that has a large amount of content and the allotted delivery time is short. Which of the following question types is BEST for this situation?
A. Probing
B. Higher order
C. Open-ended
D. Closed-ended
Answer: D

NEW QUESTION: 3
When profiling, why is it good to sort the value lists in both ascending and descending order?
A. Values with leading spaces or punctuation will typically sort to the top or bottom making them easier to identify.
B. None of the above.
C. There is no specific reason. It is simply a step of an ordered best practice approach.
D. It is good because it is easier to determine if a field is numeric or text.
Answer: D