Multiple Choice Questions on The assets that can be easily converted into cash within a short period i e 1 year or less is known ........... for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

The assets that can be easily converted into cash within a short period i e 1 year or less is known ...........

Accountancy (11th) Chapter-2 Theory base of Accounting
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    The assets that can be easily converted into cash within a short period (i.e., 1 year or less is known as,

    Current assets

    Correct Answer

    Fixed assets

    Incorrect Answer

    Intangible assets

    Incorrect Answer

    Investments

    Incorrect Answer
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    Explanation:

    Current assets

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