Search SchoolNGR

Saturday, 25 April 2026
Register . Login

Examples of current assets are

Examples of current assets are
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cash and trade debtors
  • B Cash and trade creditors
  • C Trade debtors, trade creditors and cash
  • D Trade creditors and trade debtors
Correct Answer: Option A
Explanation:
Current assets are assets which are usually held for the a short period of time for the purpose of conversion in the ordinary course of business e.g stock, cash in hand/bank, bills receivable, debtors etc

Share question on: