1: Which of the following represents a source of cash?

a-		A decrease in accounts receivable
b-		An increase in inventory
c-		A decrease in accrued expenses
d-		A decrease in accounts payable

2: The quick ratio is the same as current ratio except it does not consider:

a-		cash.
b-		accounts payable.
c-		supplies.
d-		inventory.

3: The Securities and Exchange Commission is responsible for:

	a-	approving new issues of corporate stock.
	b-	supervising the trading of securities.
c-		the enforcement of insider trading laws.
d-		All of the above
e-		a and b