Multiple Choice
Which of the following is true of current assets?
A) They include the long-term assets of a firm.
B) They are resources that a firm expects to use up within a year.
C) They include a firm's tangible assets, such as machinery and equipment.
D) They are resources that a firm decides to set aside to pay its long-term liabilities.
Correct Answer:
Verified
Correct Answer:
Verified
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