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KATRIN_1 [288]
3 years ago
6

whether investments are reported as current assets or noncurrent assets depends on the company's intent. (points : 5) true false

Business
1 answer:
yanalaym [24]3 years ago
3 0
False . It depends upon the object itself. 
Assume this senario ( It's hypothetical)
If company X purchases a land (A land is a non current asset). If the company decided to fill the whole land with cash( which is a current asset) . The land doesn't automatically turn into a current assets.
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