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Assets that are expected to be converted to cash, sold, or consumed during the next 1 2 months or within the business's normal operating cyde

Assets that are expected to be converted to cash, sold, or consumed during the next 12 months or within the business's normal operating cyde If longer than a year are referred to as:
A) permanent assets.
B) quick assets.
C) current assets.
D) cash equivalent assets.
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