Question: The difference between the current ratio and the quick (or acid-test) ratio is: a) the quick ratio excludes inventory. b) the quick ratio includes inventory.

The difference between the current ratio and the quick (or acid-test) ratio is:

a) the quick ratio excludes inventory.

b) the quick ratio includes inventory.

c) the quick ratio excludes accounts receivable.

d) the quick ratio includes accounts receivable.

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