IIA Business Knowledge for Internal Auditing IIA-CIA-Part3 Question # 29 Topic 3 Discussion

IIA Business Knowledge for Internal Auditing IIA-CIA-Part3 Question # 29 Topic 3 Discussion

IIA-CIA-Part3 Exam Topic 3 Question 29 Discussion:
Question #: 29
Topic #: 3

Given the information below, which organization is in the weakest position to pay short-term debts?

Organization A: Current assets constitute $1,200,000; Current liabilities are $400,000

Organization B: Current assets constitute $1,000,000; Current liabilities are $1,000,000

Organization C: Current assets constitute $900,000; Current liabilities are $300,000

Organization D: Current assets constitute $1,000,000; Current liabilities are $250,000


A.

Organization A


B.

Organization B


C.

Organization C


D.

Organization D


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