___ assets are used up in the daily normal routine of the business which get converted into cash or cash equivalents within one year.

Current

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Fixed

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Working

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None of the above

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Solution

The correct option is A
Current

Current assets are used up in the daily normal routine of the business which get converted into cash or cash equivalents within one year.

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Similar questions

Current assets are those assets which get converted into cash:

(a) Within six months

(b) Within one year

(d) Between three and five years

___ refers to the investment in all the current assets such as cash, bills receivable, prepaid expenses, inventories, etc. These current assets get converted into cash within a year.

Q. assets means cash or cash equivalents which can be easily converted to cash in a very short time.

Current assets are those assets which get converted into cash

Q. Current assets are those assets which get converted into cash ____________.

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___ assets are used up in the daily normal routine of the business which get converted into cash or cash equivalents within one year.

The correct option is A Current Current assets are used up in the daily normal routine of the business which get converted into cash or cash equivalents within one year.

The correct option is A
Current

Current assets are used up in the daily normal routine of the business which get converted into cash or cash equivalents within one year.