Question: An asset is classified as current when: Select one: a. all of the given answers are correct. b. the item is held form trading. c.

An asset is classified as current when:

Select one:

a. all of the given answers are correct.

b. the item is held form trading.

c. it is expected to be realised or intended for sale or consumption in the entity's normal operating cycle.

d. it is cash or cash equivalent.

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