Which of the following would not be 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 current assets as they are not expected to be converted into cash within a year. Current assets are expected to be converted into cash or used within a year. The other options (cash, accounts receivable, and marketable securities) are all examples of current assets.

Which of the Following Would Not Be Considered a Current