Which of the following is not considered a current asset?
A) long-term investments
B) cash
C) accounts receivable
D) marketable securities

Question

Quizplus · Accepted Answer

Long-term investments are not considered a current asset as they are intended to be held for a longer period of time, typically more than one year. Current assets are those that are expected to be converted to cash or used up within one year. Cash, accounts receivable, and marketable securities are all examples of current assets.

Which of the Following Is Not Considered a Current Asset