$6$:$20$ PM Tue Mar $18$

Return to Reading

$1$

$4$

$37$

A current liability is defined as debt that must be repaid within which period of time?

Select Your Answer

Never

One year

$6$ months

$30$ days

Concept Resources

Rate your contidence to submit your answer

High

Medium

Which of the following statements are true about fixed assets?

Select

Fixed assets can be tangible or intangible.

Fixed assets must be tangible$.$

Fixed assets have a longer life than current assets.

Fixed assets have a shorter life than current assets.