Financial Accounting MCQS - QUESTION DETAILS

How is the Quick Ratio different from the Current Ratio?
A. Quick Ratio includes inventory, while Current Ratio does not.
B. Quick Ratio excludes accounts payable, while Current Ratio includes it.
C. Quick Ratio excludes inventory, while Current Ratio includes it.
D. Quick Ratio is not a liquidity ratio.

Quick Ratio excludes inventory, while Current Ratio includes it.

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