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Which of the following statements about current assets is true? (Choose one opti...

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Which of the following statements about current assets is true? (Choose one option)

Current assets are always cash and cash equivalents.

0%

Current assets include all types of assets owned by the business.

0%

Current assets include only tangible assets.

0%

Current assets are expected to be used or consumed within one year or the normal operating cycle, whichever is longer.

100%

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