Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


what is quick asset

Answers were Sorted based on User's Feedback



what is quick asset..

Answer / nagaraj goud

Assets that can be easily be converted into cash or are
already in cash form. It is calculated as current assets
minus inventories.

Is This Answer Correct ?    14 Yes 0 No

what is quick asset..

Answer / ashid puzhakkal

QUICK ASSET=CURRENT ASSET-(INVENTORIES+PREPAID EXPENSES)
CURRENT ASSETS ARE ASSETS WHICH CAN CONVERTED INTO CASH
WITHIN A YEAR
THE IDEA QUICK RATIO IS 1:1
QUICK RATIO IS ALSO KNOWN AS ACID TEST RATIO,LIQUID RATIO
ETC

Is This Answer Correct ?    9 Yes 2 No

what is quick asset..

Answer / charu

Cash and other assets which can or will be converted into
cash fairly soon, such as accounts receivable and
marketable securities; or equivalently, current assets
minus inventory.

Is This Answer Correct ?    4 Yes 0 No

what is quick asset..

Answer / rajesh

quick assets are those which can be easily converted into
cash is called quick assets

Is This Answer Correct ?    5 Yes 2 No

what is quick asset..

Answer / m.ravi kanth

These are the asserts which can be easily converted into
cash in a short period of time . quick asserts indicates
the liquidity position of the company or a firm.

Is This Answer Correct ?    4 Yes 1 No

what is quick asset..

Answer / subbu

quick asset is shart term asset-stock,cash,recivable this
is the quick aset.it is used for before one year

Is This Answer Correct ?    1 Yes 2 No

what is quick asset..

Answer / harsh gupta

SIMPLE,QUICK ASSET= CURRENT ASSETS-(STOCK +PREPAID EXPS.),WE CAN SAY ALSO LIQUID ASSETS.

Is This Answer Correct ?    0 Yes 1 No

what is quick asset..

Answer / nagaveni.c

quick assets means these assets which are converted into
cash without any loss within the year

Is This Answer Correct ?    0 Yes 3 No

what is quick asset..

Answer / k.praveen kumar

quick assets or current assets this is same word

Is This Answer Correct ?    4 Yes 12 No

what is quick asset..

Answer / satya

QUICK ASSETS :NET ASSETS - INVENTORIES

Is This Answer Correct ?    1 Yes 10 No

Post New Answer



More Accounting AllOther Interview Questions

what is the difference between sap and sas?

0 Answers   Royal Bank Of Scotland,


All type question of hr person askeing to the interviwe

1 Answers   Genpact,


What is Liquidity

1 Answers  


Expand C I F

2 Answers  


Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c

13 Answers   Bank Of America, JPMorgan Chase,






what is mean by credit purchase?

8 Answers   HGS,


How many types of Purchase Orders are there ?

2 Answers  


What is Deffered Tax?

11 Answers   Ashoka Distillers and Chemicals, Capital IQ,


what is entry for depreciation?

44 Answers   Genpact, IBM, Maersk, OPI Global, Wipro,


I AM WORKING IN THE CORPORATE (HEAD OFFICE)OF A FINANCE COMPANY. I CO-ORDINATE FOURTEEN BRANCHES IN DELHI. AND MY JOB PROFILES ARE BANK RECONCILIATION,CASH RECONCILIATION, MIS,TRAINING TO THE JR.EXECUTIVES,BRANCH VISIT,SUPPORTING TO BRANCH,ETC. THE QUESTION WAS WHAT U DO FOR UR BRANCH? I TOLD MY ALL JOB PROFILE BUT IT WAS NOT A GOOD ANSWER. WHAT TO SAY FOR THE NEXT TIME?

5 Answers   Genpact, HCL,


While Scrutinizing the Trial Balance which error will catch you eye immediately...

8 Answers   Amtex,


EXPAND___________JNTU

2 Answers  






Categories