Read the text. Decide whether these statements are TRUE, FALSE or NOT STATED.
  1. The life of current assets has no limit.
    True
    False
    Not stated
  2. Some balances from debtors’ accounts are not due for repayment within a year.
    True
    False
    Not stated
  3. Raw materials are oil and metal ores.
    True
    False
    Not stated
  4. The stock of trading businesses includes raw materials and partly made products.
    True
    False
    Not stated
  5. Cash is the least liquid asset.
    True
    False
    Not stated
  6. Cash consists of coins and banknotes.
    True
    False
    Not stated
  7. Current assets are usually listed on the balance sheet in the order of their liquidity.
    True
    False
    Not stated
  8. Different layouts of currents assets are possible.
    True
    False
    Not stated