Question : Which of the following is not covered under the current assets?

Option 1: Bank 

Option 2: Debtor

Option 3: Bills receivable

Option 4: Goodwill

Question : Goodwill and patents fall under the category of ________.

Option 1: Current assets   

Option 2: Liquid assets 

Option 3: Intangible assets 

Option 4: Tangible assets 

Question : Goodwill and patents fall under the category of ________.

Option 1: Current assets   

Option 2: Liquid assets 

Option 3: Intangible assets 

Option 4: Tangible assets 

Question : Which of the following is the correct answer"
A: Liquid assets can be converted into cash immediately.
B: Machinery can be converted easily in cash by selling it.
 

Option 1: Option A

Option 2: Option B

Option 3: Both of the above

Option 4: None of the above

Question : Quick assets include
 

Option 1: Trade receivable 

Option 2: Cash and bank balance 

Option 3: Marketable securities 

Option 4: All of the above