Current assets include all of the following except:
A) Inventory.
B) accounts receivable.
C) cash and equivalents.
D) property, plant and equipment.

Question

Quizplus · Accepted Answer

Property, plant, and equipment are considered long-term assets, not current assets. Current assets are assets that are expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.

Current Assets Include All of the Following Except