hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    The assets that can be easily converted into cash within a short period, i.e., 1 year or less, are known as:
    Question

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

    A.

    Fixed assets

    B.

    Intangible assets

    C.

    Investments

    D.

    Current assets

    Correct option is D

    Current assets include cash and other assets expected to be converted into cash within a year, such as accounts receivable, inventory, and short-term investments.

    Free Tests

    Free
    Must Attempt

    UPSSSC AGTA PYP Held on July 13, 2025

    languageIcon English
    • pdpQsnIcon100 Questions
    • pdpsheetsIcon100 Marks
    • timerIcon120 Mins
    languageIcon English
    Free
    Must Attempt

    IBPS Agriculture Field Officer (Mains) Mock 02

    languageIcon English
    • pdpQsnIcon60 Questions
    • pdpsheetsIcon60 Marks
    • timerIcon45 Mins
    languageIcon English
    Free
    Must Attempt

    Fundamentals of Food Safety: Definitions, Additives & Contaminants

    languageIcon English
    • pdpQsnIcon30 Questions
    • pdpsheetsIcon30 Marks
    • timerIcon27 Mins
    languageIcon English

    Similar Questions

    test-prime-package

    Access ‘MP RAEO/RHEO/SADO’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    383k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow