The assets that can be easily converted into cash within a short period, i.e., 1 year or less are known as
A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
Answer:A
The assets that can be easily converted into cash within a short period, i.e., 1 year or less are known as
A. Current assets B. Fixed assets C. Intangible assets D. Investments