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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Permanent current assets & Fluctuating Current assets
Can you pls explain to me Permanent current assets & Fluctuating Current assets? I know that permanent current assets are those which we needed for a longer time while fluctuating current assets that are needed on day to day basis to maintain the company’s daily needs.
Can you give me examples of Permanent current assets & Fluctuating Current assets?
It is the cash balance that will normally be the asset that fluctuates. The other current assets are more likely to be permanent.