Assets that can be converted quickly into cash or that will be used in one year or less are
A) intangible assets.
B) current assets.
C) owners' equity.
D) current liabilities.
E) revenues.

Name: Assets that can be converted quickly into cash or that will be used in one year or less are A) intangible assets. B) current assets. C) owners' equity. D) current liabilities. E) revenues.
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Question

Quizplus · Accepted Answer

Current assets are assets that can be converted quickly into cash or that will be used in one year or less.

Assets That Can Be Converted Quickly into Cash or That