Which of the following items is NOT included in current assets?
A)Accounts receivable.
B)Inventory.
C)Bonds.
D)Cash.
E)Short-term, highly liquid, marketable securities.

Question

Quizplus · Accepted Answer

Bonds are long-term investments and are not considered current assets, which are assets that are expected to be converted into cash within one year or less. Current assets include cash, accounts receivable, inventory, and short-term, highly liquid, marketable securities.

Which of the Following Items Is NOT Included in Current