Which of the following is classified under current assets?

A. machinery
B. motor vehicle
C. stock
D. fittings

Correct Answer: Option C

C. stock

Explanation

A current asset is any asset which can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year or operating cycle. it is the cash and other assets that are expected to be converted to cash within a year.