9. All current assets are either cash or assets that will be converted into cash or    consumed within twelve months or the operating cycle, if that is longer than one year.    Select one: True False   10.Property, plant, and equipment includes machinery, equipment, and inventories. Select one: True False   11.Intangible assets usually are reported in the statement of financial position as current assets. Select one: True False

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Liquidity Risk Exposure

Answer: c