What Is the Key Distinction Between Current and Non- Current

Multiple Choice

What is the key distinction between current and non- current assets?

A) Current assets will be used up or converted to cash within one year or one operating cycle.
B) Non- current assets will not be used until the future.
C) Non- current assets are assets which do not lose their value over time.
D) Current assets always have lower balances than non- current assets.