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Financial Management — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesFinancial Management1 Mark
MCQ
Objective type question.Current assets are those assets which get converted into cash:
  • A
    Within six month.
  • ✓
    Within one year.
  • C
    Between one and three year.
  • D
    Between three and five year.
✓

Answer

Correct option: B.
Within one year.
Current assets are those assets which are converted in cash in one year.

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