Question: A current asset is?? A. an asset that will be used in the operating activities of a business. B. an asset generated by the operations

A current asset is??

A. an asset that will be used in the operating activities of a business. B. an asset generated by the operations of a business within the past year. C. an asset that is expected to be used or converted to cash within one year or the operating cycle, whichever is longer. D. a miscellaneous asset that is small in dollar amount.

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