Multiple Choice Questions on Current assets include only those assets which are expected to be realised within hellip hellip hell........... for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Current assets include only those assets which are expected to be realised within hellip hellip hell...........

General Accounting Principles Ratio analysis 
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    Current assets include only those assets which are expected to be realised within ……………………..

    3 months

    Incorrect Answer

    6 months

    Incorrect Answer

    1 year

    Correct Answer

    2 years

    Incorrect Answer
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    Explanation:

    Current assets are those assets that are either in the form of cash or cash equivalents or are expected to be realised within            12 MONTHS OR 1 YEAR from the date of balance sheet or within the period of operating cycle.

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