All of the following are examples of current assets EXCEPT
A) accounts receivable.
B) cash.
C) accruals.
D) inventory.

Name: All of the following are examples of current assets EXCEPT A) accounts receivable. B) cash. C) accruals. D) inventory.
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Question

Quizplus · Accepted Answer

Accruals are not considered current assets as they represent future expenses that have not yet been incurred. Current assets are those that can be easily converted to cash within a year, such as accounts receivable, cash, and inventory.

All of the Following Are Examples of Current Assets EXCEPT