For an investment to be classified as a current asset,

A.

the investor must intend to convert the investment to cash within one year or current operating cycle, whichever is longer, or use it to pay a current liability.

B.

the investment must be easily convertible to cash.

C.

both a and b must be met for the investment to be classified as a current asset.

D.

neither a or b are relevant to the classification of an investment as a current asset.