Which of the following is an example of a non-current asset?
A) prepaid expenses
B) inventory
C) trade receivables
D) long term investments

Question

Quizplus · Accepted Answer

Long term investments are non-current assets because they are not meant to be used for immediate sale or consumption, but rather are intended to be held for a significant amount of time. Prepaid expenses, inventory, and trade receivables are typically considered current assets.

Which of the Following Is an Example of a Non-Current