We can manipulate current ratio without changing financial position?

False

Assest =300,000   Liabilities=200,000   Current Ration is1.5

if we pay off50,000 for current laibilaties ( any accrued expencse) just before closing accounts

Assest250,000 and liabilities150,000 the current ration  will be1.67, 

Financial Position, does not only imply profit or loss for certain. It also involves balance sheet. Hence, it is not possible to manipulate current ratio without a change in the financial position.