Current assets would usually NOT include
A) plant and equipment.
B) marketable securities.
C) accounts receivable.
D) inventories.

Question

Quizplus · Accepted Answer

Current assets are assets that can be easily converted into cash within a year or less. Plant and equipment, on the other hand, are typically long-term assets and cannot be quickly converted into cash. Therefore, they would usually not be included in current assets.

Current Assets Would Usually NOT Include