Which of the following is not be considered a current asset?
A)long-term investments
B)cash
C)accounts receivable
D)marketable securities

Question

Quizplus · Accepted Answer

Current assets are defined as assets that can be converted to cash within one year or the operating cycle of a business, whichever is longer. Long-term investments are assets that are held for more than one year and are not meant to be sold in the near term, so they should not be considered a current asset.

Which of the Following Is Not Be Considered a Current