Current assets are reasonably expected to be realized in cash or sold or consumed during the normal operating cycle of the business.

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On December 31, Ott Co. had investments in trading securities as follows:
Posted by:
Moataz Ali Sobhi
22-February-2015

Current assets most likely include

A. Intangible assets.

B. Purchased goodwill.

C. Organizational costs.

D. Trading securities.

Accounting Auditing Banking

Question added by Deleted user
Date Posted: 2015/02/26

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1 Answers

Praveen Kumar Singh

by Praveen Kumar Singh , Executive Director & CEO , Usha Siam Steel Industries PLC

The correct answer is D Trading Securities

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