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Current assets include only those assets which are expected to be realised within ……………………..
3 months
6 months
1 year
2 years
- Current assets are part of a company's balance sheet and are important for assessing liquidity.
- ?? Option: 1, 3 months - Current assets are not limited to just 3 months. It encompasses a broader time frame.
- Option: 2, 6 months - While some current assets might be realized in 6 months, this is not the general standard.
- Option: 3, 1 year - Current assets generally include assets expected to be realized within one year, making this the correct option.
- Option: 4, 2 years - This is too lengthy for the standard definition of current assets.
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