Question

Which of the following current asset?

• A. Stock
• B. Creditors
• C. Proposed Dividend
• D. Tax

Answer 1

The correct option is A Stock

Current Assets are those which are generated during the course of business. This may change with each of the business transactions. Examples of current assets are stock, bills receivables, sundry debtors, cash on hand, cash at bank etc.

For example, if goods purchased by the organization, in such case stock will increase against which cash may go down.