Makakuha ng mabilis at maaasahang mga sagot sa IDNStudy.com. Magtanong at makakuha ng detalyadong sagot mula sa aming komunidad ng mga eksperto na may kaalaman.

Is prepaid expense a quick asset? :))

Sagot :

Yes,because the financial accounting term quick asset is used to describe a subset of current assets used in the calculation of the quick ratio, also known as the acid test. Quick assets include those assets that can reasonably be used to pay current liabilities.  This includes cash, marketable securities, and accounts receivable.