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PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT, Which is not true about quick ratio? A...

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Finance

PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT,

Which is not true about quick ratio?

A A higher quick ratio is better for the health of a company

B It is a type of liquidity ratio

C It measures a financial institution's long-term liquidity position

D A high quick ratio puts a financial institution in a decent position to cover its current liabilities

E It measures a financial institution's ability to meet its obligations with its most liquid assets

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