What is the quick ratio?

What is the quick ratio?
A . The quick ratio is a measure of an organisations ability to cover current liabilities with current assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/current liabilities
B. The quick ratio is a measure of an organisations ability to cover projected liabilities with current assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/projected liabilities
C. The quick ratio is a measure of an organisations ability to cover future liabilities with current assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/future liabilities
D. The quick ratio is a measure of an organisations ability to cover current liabilities with borrowed assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/borrowed liabilities

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Answer: A