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NEW QUESTION: 1
The book quantity of a material is 100. The inventory count result is 0. How do you handle this?
A. You set the Zero Count indicator.
B. You post a goods issue with quantity 100.
C. You enter 0 in the quantity field to make a recount required.
D. You enter 0 in the quantity field and book the difference.
Answer: A

NEW QUESTION: 2
Which of the following relationship is true about the liquidity ratios?
A. Cash ratio > Quick ratio > Current ratio.
B. Quick ratio > Cash ratio > Current ratio.
C. Cash ratio < Current ratio < Quick ratio.
D. Cash ratio < Quick ratio < Current ratio.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The cash ratio is the most conservative of the 3 liquidity ratios since it considers only cash and marketable securities relative to the current liabilities. The quick ratio considers receivables in addition to cash and marketable securities. The current ratio takes all current assets into account.

NEW QUESTION: 3
Which of the following types of a dependency determination is used to define the sequence of activities?
A. Internal
B. Legal
C. Discretionary
D. Resource
Answer: C

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