Current assets are those assets that are expected to be converted into cash within a relatively short period of time.

Name: Current assets are those assets that are expected to be converted into cash within a relatively short period of time.
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Current assets are expected to be converted into cash within a relatively short period of time, usually within a year or less. Examples of current assets include cash, accounts receivable, inventory, and prepaid expenses.

Current Assets Are Those Assets That Are Expected to Be