Cash, marketable securities, notes receivable, and merchandise inventory are examples of which of the following?
A) current assets
B) expenses
C) intangible assets
D) fixed assets

Question

Quizplus · Accepted Answer

Cash, marketable securities, notes receivable, and merchandise inventory are all examples of assets that are expected to be converted into cash within a company's operating cycle, typically within a year. These are classified as current assets on the balance sheet.

Cash, Marketable Securities, Notes Receivable, and Merchandise Inventory Are Examples