Which is a current asset (actif circulant) under French PCG
Which is a current asset (actif circulant) under French PCG?
A. Buildings
B. Goodwill
C. Inventory (stocks)
D. Long-term loans
Answer: C
Explanation: Current assets (actif circulant) are assets that are expected to be converted into cash, sold, or used up within one fiscal year. Inventory (stocks) is a current asset because it is held for sale or used in production and is expected to be liquidated within a year. Buildings (Class 1) and goodwill (Class 2) are fixed assets, while long-term loans are liabilities.
