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SOFE Exam SOFA-CFE Topic 3 Question 105 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 105
Topic #: 3
[All SOFA-CFE Questions]

The formula to calculate quick ratio is:

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Suggested Answer: D

by Alethea at Jan 11, 2025, 12:40 PM

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Raul
1 months ago
Gotta love those tricky accounting formulas! I'm going with D, it just sounds right to me.
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Jeannine
4 days ago
User 4: I'm sticking with D, it makes the most sense to me.
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Nickolas
7 days ago
User 3: I agree with Nickolas, C seems correct.
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Benedict
12 days ago
User 2: I'm not sure, but I believe it's C.
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Odette
20 days ago
User 1: I think the formula is A.
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Jules
1 months ago
Haha, quick ratio? More like slow ratio am I right? Anyway, I think the answer is D.
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Danilo
1 months ago
User 2: I agree, the answer is D.
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Gail
1 months ago
User 1: Haha, quick ratio? More like slow ratio am I right?
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Alysa
2 months ago
Hmm, I'm not too confident on this one. I think it might be A, but I'm not 100% sure.
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Pearline
1 months ago
User 2: I agree, that sounds right to me.
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Tresa
1 months ago
User 1: I think the formula for quick ratio is A) Quick ratio = (Credit + Securities + Receivables) / Current liabilities
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Dean
2 months ago
But A includes receivables, which are not as liquid as cash and securities.
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Giovanna
2 months ago
I disagree, I believe it's D.
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Veta
2 months ago
I'm pretty sure the quick ratio formula is D. That's the one I remember from my notes.
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Tawna
1 months ago
Yes, D is the formula for quick ratio calculation.
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Derrick
1 months ago
I remember learning that too, D is the correct formula.
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Royal
1 months ago
I think you're right, the quick ratio formula is D.
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Dean
2 months ago
I think the formula for quick ratio is A.
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