Question: Cash set aside for a particular purpose ( i . e . restricted ) is immediately classified as non - current asset. is still classified

Cash set aside for a particular purpose (i.e. restricted)
is immediately classified as non-current asset.
is still classified as a current asset regardless of the purpose for its establishment.
is recorded in off-balance sheet records.
may be classified as a current or non-current asset depending on the date of availability or disbursement.
Cash set aside for a particular purpose ( i . e .

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