Question

27. The Assets which can be realized
immediately at short notice are
O
(a) Quick Assets
O (b) Fixed Assets
O (c) Prepaid Expenses
O (d) Stock​

Answer 1

Answer:

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Answer 2

Answer:

assets which are held for a short period are known as current assets. Such assets are expected to be realised in cash or consumed during the normal operating cycle of the business. On a balance sheet, assets will typically be classified into current assets and long-term assets.