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Current assets are also known as

This question belongs to Commerce Accounting
Accounting
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Current assets are also known as

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Correct Answer: Option A
Current assets are also known as Gross working capital. Gross working capital is the sum of all of a company's current assets (assets that are convertible to cash within a year or less).
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2 Comments
Anand Gowrishankar
Anand Gowrishankar 4 years ago
Even while falling current assets first item will be treated as cash later next
Anand Gowrishankar
Anand Gowrishankar 4 years ago
Current asset must be treated as cash it is always treated as liquid form .Gross or net working capital is Current assets-Current liability.
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