Which of the following is not a current asset?
A)Cash
B)Building
C)Prepaid expense
D)Accounts receivable
E)None of these

Question

Quizplus · Accepted Answer

A building is a fixed asset or property, plant, and equipment (PPE) and is not a current asset. Current assets are expected to be converted into cash within one year or the operating cycle of a business. Cash, prepaid expenses, and accounts receivable are all examples of current assets.

Which of the Following Is Not a Current Asset