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      Question

      ┬аWhich of the following accounts for least likely a

      current asset?
      A Trade receivables Correct Answer Incorrect Answer
      B Prepaid expenses Correct Answer Incorrect Answer
      C Strategic investments Correct Answer Incorrect Answer
      D Inventory Correct Answer Incorrect Answer
      E All are current assets Correct Answer Incorrect Answer

      Solution

      Strategic investments are considered long-term investments, they take time to generate cash, not in the short term like current assets.

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