Current assets are all assets that are able to be liquidated in a short amount of time.

Name: Current assets are all assets that are able to be liquidated in a short amount of time.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Current assets are assets that are expected to be converted to cash within 12 months or within the operating cycle of a business, whichever is longer. They include cash, accounts receivable, inventory, and short-term investments, all of which can be relatively quickly converted to cash if needed.

Current Assets Are All Assets That Are Able to Be