Current assets are those assets which get converted into cash

within six month

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within one year

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between one and three year

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between three and five year

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Solution

The correct option is B
within one year

Current assets are those assets which are converted in cash in 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

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

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

Q. Assets that a company expects to convert to cash to use within one year are called _________________.

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Current assets are those assets which get converted into cash

The correct option is B within one year Current assets are those assets which are converted in cash in one year.

The correct option is B
within one year

Current assets are those assets which are converted in cash in one year.