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23 May, 08:40

Assets that aren't expected to provide benefits for a number of accounting periods are called?

A. Fixed assets

B. Property, plant, and equipment

C. Long - term assets

D. Current assets

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Answers (1)
  1. 23 May, 09:02
    0
    Current assets

    Explanation:

    As the benefits are provided inmediatelly or with in one accounting period.

    Cash and equivalents.

    Short-term investments (marketable securities).

    Accounts receivable.

    Inventory.

    Prepaid expenses.

    Any other liquid assets.
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