Cash is __________ asseta. Financial asset b. Non-financial asset c. Fictitious asset d. Intangible asset

Which of the following is a financial asset?Answer : Machinery  Intangible assets   Loan receivable  Prepayments

he assets which are convertible into cash or cash equivalents within a year are known as _________.Fixed assetsCurrent assetsTangible assetsNone of the above

Assets that can or will be converted into cash within one year are termed Blank______.Multiple choice question.intangible assetscurrent assetsfixed assetsgoodwill

Which of the following is not a financial asset?Answer :Receivables    Investments in convertible debts  Issue of convertible bonds    Investment in equity instruments

Assets not easily converted to cash, such as property, buildings, and equipment, are classified on a firm's balance sheet as ______ assets.Multiple choice question.incomeconsumablefixedvariable