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Permanent current assets & Fluctuating Current assets

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Permanent current assets & Fluctuating Current assets

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
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  • April 11, 2021 at 5:51 pm #616825
    AshleyMarc1997
    Member
    • Topics: 48
    • Replies: 24
    • ☆☆

    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?

    April 12, 2021 at 8:04 am #617093
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54786
    • ☆☆☆☆☆

    It is the cash balance that will normally be the asset that fluctuates. The other current assets are more likely to be permanent.

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