Examples of current assets are
A) supplies capable of being used up within twelve months.
B) merchandise inventories convertible into cash within twelve months or less.
C) receivables convertible into cash within twelve months or less.
D) all of these.
E) none of these.

Question

Quizplus · Accepted Answer

All of the options A, B, and C are examples of current assets that can be converted into cash within twelve months or less. Therefore, the correct answer is D.

Examples of Current Assets Are