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he distinction between a current asset and other assets: A) is based on how long the asset has been owned. B) is based on amounts

he distinction between a current asset and other assets:
A) is based on how long the asset has been owned.
B) is based on amounts that will be paid to other entities within a year.
C) is based on the ability to determine the current fair market value of the asset.
D) is based upon whether the asset is tangible or intangible.
E)

is based on when the asset is expected to be converted to cash, or used to benefit the entity.

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