Question: The current ratio and acid-test ratio differ in: That the acid test is more specifc than the current ratio as a test for solvency.

The current ratio and acid-test ratio differ in: That the acid test

The current ratio and acid-test ratio differ in: That the acid test is more specifc than the current ratio as a test for solvency. The composition of liabilities in the ratio denominators. The usefulness as a performance measure. The composition of assets in the ratio denominators.

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