Worldatwork Exam T7 Topic 3 Question 29 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 29
Topic #: 3

How do noncurrent assets (long-term assets) differ from current assets?

ANoncurrent assets cannot be easily converted to cash within a year

BNoncurrent assets are not affected by the fiscal year

CNoncurrent assets cannot be easily converted to cash within two years

DNoncurrent assets can only be converted to cash until the subsequent fiscal year

Show Suggested Answer

Suggested Answer: A

by Elza at May 06, 2022, 04:40 AM

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