Concept:Current assets are short-term resources expected to be converted into cash, sold, or used up within one business year.
Explanation:Current assets include cash, debtors, and stock (inventory), because they are normally realized within the operating cycle.
Machinery, motor vehicles, and fittings are long-term or fixed assets used over many years.
They are not converted into cash within one year, so they are classified as non-current assets.
Stock is held for resale and is expected to be sold within the accounting period.
Answer:C. stock