Which of the Following Are Included in Current Assets

question 18

Multiple Choice

Which of the following are included in current assets?
I.equipment
II.inventory
III.accounts payable
IV.cash

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

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Definitions:

Mobile Devices

Portable electronic devices, such as smartphones and tablets, which allow users to access, transmit, and manage data.

Gray-hat Hackers

Individuals who operate in a legal gray area, sometimes violating ethical standards or laws to identify or exploit security vulnerabilities without malicious intent.

Full Backups

A data backup method where all selected files and systems are copied at a specific point in time, regardless of when the last backup occurred.

Applications

Software programs designed to perform specific functions for the user.