Liquidity measures assess an organization’s ability to meet short-term obligations. Accounts receivable turnover indicates how quickly receivables convert to cash. Inventory turnover in days shows how long inventory remains before sale, affecting cash conversion. The current ratio compares current assets with current liabilities and directly indicates short-term financial capacity. Option A includes times interest earned and return on assets, which are solvency and profitability measures rather than liquidity measures. Option C includes return on assets, which is profitability-based. Option D includes return on equity, another profitability measure. Internal auditors reviewing liquidity risk should evaluate working capital, cash conversion cycle, receivable collection, inventory movement, and short-term debt pressure. Therefore, Option B is correct.