Current assets are those assets which get converted into cash: Options: A . &nbsp within six months B . &nbsp between three and five years C . &nbsp between one and three years D . &nbsp within one year

Current assets are those assets which get converted into cash:

Discussion Forum : Financial Management

Question -

Current assets are those assets which get converted into cash:

Options:

A . within six months

B . between three and five years

C . between one and three years

D . within one year

Answer: Option D
:
D

These are the assets which can be converted into cash and cash equivalents within one year in the normal routine of business. e.g. inventories, debtors, bills receivable etc.

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