Fluctuating current assets are those assets that are affected by _____.
A) the consumer's demand for the product
B) the seasonal nature of the company
C) management preferences
D) IRS regulations

Question

Quizplus · Accepted Answer

Fluctuating current assets are typically affected by seasonal changes in a company's business activity, such as increases in inventory for the holiday season or fluctuations in accounts receivable based on payment cycles. Consumer demand, management preferences, and IRS regulations may also impact a company's operations, but they are not the primary drivers of changes in current assets.

Fluctuating Current Assets Are Those Assets That Are Affected by _____