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The Current Assets of Most Companies Are Usually Made Up

Question 3

Multiple Choice

The current assets of most companies are usually made up of:


A) assets that are currently used in the operations of the company.
B) cash and assets expected to be converted to cash within a year.
C) a very small proportion (less than 10%) of the total assets of the entity.
D) cash, marketable securities, and accounts and notes receivable.

Correct Answer:

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