Efficiency is a company's ability to meet its short-term financial obligations.

Name: Efficiency is a company's ability to meet its short-term financial obligations.
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Efficiency refers to a company's ability to use its resources effectively and efficiently to generate profits, not specifically to meet short-term financial obligations. The ability to meet short-term financial obligations is typically referred to as liquidity.

Efficiency Is a Company's Ability to Meet Its Short-Term Financial