Which of the following statements is an accurate interpretation of the current ratio?
A) A current ratio of 1.5 or higher is considered a high-risk ratio.
B) A current ratio below 1.00 is considered a good and safe ratio.
C) A current ratio of 2.0 indicates strong ability to pay current liabilities.
D) A current ratio of 0.60 or lower is a good and safe ratio.
C
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Which of the following statements is true regarding civil law?
a. It draws from an English tradition. b. The judge interprets the law and considers the concept of precedent, or previous decisions. c. It naturally adapts to changes in technology and modern contexts as precedents accumulate. d. It involves more interpretation that can produce conflict with multiple views on the application of the law in question. e. The rules are spelled out in detail, and judges are responsible for applying the law to the given case.
What type of organization serves as a contracting service, hiring consulting workers on a project-to-project basis?
a. learning b. organic c. network d. virtual e. mechanistic