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what are the key characteristics of current assets? a. current assets are those resources that...

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Accounting

what are the key characteristics of current assets?

a. current assets are those resources that an entity will use or turn into cash within the next 12 months

b. current assets are those resources that an entity will use or turn into cash within the next 3 months

c. current assets are those resources that an entity uses to operate its business regardless of their relationship to cash flows

d. current assets are those resources that are cash or cash equivalent investments. all other resources are long-term assets

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