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Which of the following is true of current assets? A. The time of conversion of current assets to more liquid form is relatively unpredictable. B.

Which of the following is true of current assets?

A. The time of conversion of current assets to more liquid form is relatively unpredictable.

B. They are used to fund longminusterm operations and pay longminusterm expenses.

C. They are more profitable because they add more value to the product than that provided by fixed assets.

D. They are sources of shortminusterm financing for a firm.

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