Which of the Following Should Not Be Considered as a Current

Multiple Choice

Which of the following should not be considered as a current asset in the balance sheet?

A) Installment notes receivable due over 18 months in accordance with normal trade practice.
B) Prepaid taxes which cover assessments of the following operating cycle of the business.
C) Equity or debt securities purchased with cash available for current operations.
D) The cash surrender value of a life insurance policy carried by a corporation, the beneficiary, on its president.