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What is the key distinction between current and non-current asset? A) Current assets will be used up or converted to cash within one year or
What is the key distinction between current and non-current asset?
A) Current assets will be used up or converted to cash within one year or one operating cycle
B) Non-current assets are assets which donnot lose their value over time
C) Current assets always have lower balances than non-current assets
D) Non-current assets will not be used until the future
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