Which Item Is a Current Asset

question 88

Multiple Choice

Which item is a current asset?

• A)Cash - regardless of whether it has a positive or negative balance.
• B)Cash equivalents.
• C)Cash that will be used to close a plant in eighteen months.
• D)Restricted cash that will not be used within the upcoming year.

---

Definitions:

Papules

Elevated, solid skin lesions that are typically less than 1 centimeter in diameter.

Penis

A male reproductive organ involved in sexual intercourse and urination.

Repressed Memories

Memories that have been unconsciously blocked due to being associated with a high level of stress or trauma, yet may influence behavior.

Corroborating Evidence

Additional evidence that supports or confirms the validity of an initial piece of evidence or claim.