Intermadte 1

Question 31 Not vet answered Marked out of 1.00 if Flag question The basis for classifying assets as current or noncurrent is the period of time normally required by the accounting entity to convert cash invested in Q a. receivables back into cash, or 12 months, whichever is longer. O b. inventory back into cash, or 12 months, whichever is shorter. O c. inventory back into cash, or 12 months, whichever is longer. 0 d. tangible fixed assets back into cash, or 12 months, whichever is longer