An increase in a current asset must be accompanied by a corresponding increase in a current liability.

Name: An increase in a current asset must be accompanied by a corresponding increase in a current liability.
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Quizplus · Accepted Answer

An increase in a current asset does not necessarily need to be accompanied by a corresponding increase in a current liability. An increase in a current asset can be financed by an increase in equity or long-term liabilities.

An Increase in a Current Asset Must Be Accompanied by a Corresponding