The current ratio measures:
- AMarket value
- BLong-term leverage
- CProfitability
- DShort-term liquidity (current assets to current liabilities)Correct
Why: Current ratio = current assets / current liabilities, a liquidity measure.
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The current ratio measures:
Why: Current ratio = current assets / current liabilities, a liquidity measure.
Segregation of duties is an internal control that:
Why: Separating authorization, recording, and custody reduces fraud and error risk.
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| Sections | Planning, Budgeting & Forecasting · Performance Management · Cost Management · Internal Controls · Financial Statement Analysis |
|---|---|
| Our bank | 20 questions · updated August 2026Written from IMA |
| Languages | English |
| Source | IMA |
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