Which of the following is not considered to be a current asset?
A)cash
B)receivables
C)inventories
D)fixed assets

Question

Quizplus · Accepted Answer

Current assets are those that are expected to be converted to cash within one year, such as cash, receivables, and inventories. Fixed assets, on the other hand, are long-term assets that are not expected to be converted to cash within one year, so they are not considered current assets.

Which of the Following Is Not Considered to Be a Current