Question:

$\_\_\_\_\_\_$ is also known as Acid-Test Ratio.

Show Hint

The Quick Ratio excludes inventory and prepaid expenses, providing a stricter measure of liquidity compared to the Current Ratio.

CBSE CLASS XII - 2024
CBSE CLASS XII

Updated On: Jan 27, 2025

Current Ratio
Quick Ratio
Gross Profit Ratio
Operating Ratio

Hide Solution

Verified By Collegedunia

The Correct Option is B

Solution and Explanation

The Quick Ratio, also known as the Acid-Test Ratio, is a measure of a company’s ability to meet its short-term liabilities using its most liquid assets (excluding inventory).

Was this answer helpful?

Questions Asked in CBSE CLASS XII exam

A 1 cm segment of a wire lying along the x-axis carries a current of 0.5 A along the $+x$ -direction. A magnetic field $ \mathbf{B} = (0.4 \, \text{mT}) \hat{j + (0.6 \, \text{mT}) \hat{k} $ is switched on in the region. The force acting on the segment is:}
- CBSE CLASS XII - 2025
- Magnetic Effects of Current and Magnetism
View Solution
A school is organizing a debate competition with participants as speakers and judges. $S = \{S_1, S_2, S_3, S_4\}$ where $S = \{S_1, S_2, S_3, S_4\}$ represents the set of speakers. The judges are represented by the set: $J = \{J_1, J_2, J_3\}$ where $J = \{J_1, J_2, J_3\}$ represents the set of judges. Each speaker can be assigned only one judge. Let $R$ be a relation from set $S$ to $J$ defined as: $R = \{(x, y) : \text{speaker } x \text{ is judged by judge } y, x \in S, y \in J\}$ .
- CBSE CLASS XII - 2025
- Relations and Functions
View Solution
Given below is a heterogeneous RNA formed during Eukaryotic transcription:
How many introns and exons respectively are present in the hnRNA?
- CBSE CLASS XII - 2025
- Eukaryotic Transcription
View Solution
Four friends Abhay, Bina, Chhaya, and Devesh were asked to simplify $4 AB + 3(AB + BA) - 4 BA$ , where $A$ and $B$ are both matrices of order $2 \times 2$ . It is known that $A \neq B$ and $A^{-1} \neq B$ . Their answers are given as:
- CBSE CLASS XII - 2025
- Matrices
View Solution
A certain reaction is 50 complete in 20 minutes at 300 K and the same reaction is 50 complete in 5 minutes at 350 K. Calculate the activation energy if it is a first order reaction. Given: $R = 8.314 \, \text{J K}^{-1} \, \text{mol}^{-1}, \quad \log 4 = 0.602$
- CBSE CLASS XII - 2025
- Organic Reactions
View Solution

View More Questions

______\_\_\_\_\_\_______ is also known as Acid-Test Ratio.

Show Hint

The Correct Option is B

Solution and Explanation

Top Questions on Miscellaneous

Questions Asked in CBSE CLASS XII exam

$\_\_\_\_\_\_$ is also known as Acid-Test Ratio.