Which of the following is a current asset?
A) treasury bill acquired with 2 months to maturity
B) land held for investment
C) equipment
D) goodwill

Name: Which of the following is a current asset? A) treasury bill acquired with 2 months to maturity B) land held for investment C) equipment D) goodwill
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Question

Quizplus · Accepted Answer

A treasury bill acquired with 2 months to maturity is considered a current asset because it is a short-term investment that is expected to be converted into cash within one year.

Which of the Following Is a Current Asset