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Which of the following are current assets?

A) Fixed investments
B) Trade Payables
C) Short-term loans and advances
D) Furniture

A. Only A

B. Only B

C. Only C

D. A, B, C and D

Solution by Mcqs Clouds

Answer: Option C

Explanation:
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Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above