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    Entrepreneurship and Small Business Management Study Set 2
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    Exam 13: Using Financial Statements to Guide a Business
  5. Question
    Cash Itself or Items That Could Quickly Be Turned into Cash
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Cash Itself or Items That Could Quickly Be Turned into Cash

Question 12

Question 12

Multiple Choice

Cash itself or items that could quickly be turned into cash or will be used within 1 year are called ________.


A) Current assets
B) Long-term assets
C) Liquid assets
D) Current liabilities
E) Stuff

Correct Answer:

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