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Tuesday, 21 April 2026
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One of these is a current asset

One of these is a current asset
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Fittings
  • B Machineries
  • C Motor vehicles
  • D Stock
Correct Answer: Option D
Explanation:
Current assets is a balance sheet item that represents the value of all assets that can reasonably be expected to be converted into cash within one year. Example is stock
stock is a current asset because it can easily be convertible to cash

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