Home › Bihar Board Class 12 (Commerce) › Accountancy › Analysis of Financial Statements: Tools and Accounting Ratios › The quick ratio is also called which test?
The quick ratio is also called which test?
ATurnover test
BDebt test
CAcid-test ratio
DInterest test
Answer & Solution
Correct answer: C. Acid-test ratio
It is a stricter check of liquidity, hence the name acid-test ratio.
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