The Following Are Known as Current Assets

question 10

Multiple Choice

The following are known as current assets:
I. Cash
II. Marketable securities
III. Receivables
IV. Inventories V) Payables

• A) I, II and III only
• B) I, II, III and IV only
• C) II, III, IV and V only
• D) III, IV and V only

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Definitions:

Le Bon's Theory

A psychological theory proposed by Gustave Le Bon that explains how an individual in a crowd can lose self-control and become anonymous, leading to behavior that is emotional, irrational, and contagious.

Convergence Theory

A theory suggesting that crowd behavior is not irrational but an expression of the general beliefs and values of the individuals in the crowd.

Werther Syndrome

A phenomenon where high-profile suicides lead to an increase in suicide rates among the populace, influenced by media coverage and social suggestion.

Choreomania

A phenomenon of mass dancing or outbreaks of group dancing that occurred in Europe, particularly during the Middle Ages.