Concept:Current assets are resources owned by a business that can be converted into cash within one year.
Explanation:Examples of current assets include cash, debtors, stock, and prepaid expenses.
Machineries, fittings, and motor vehicles are long-term assets used for several years.
They appear under non-current assets on the balance sheet.
Stock represents goods held for resale, which can be sold and turned into cash within the accounting period.
Therefore, stock is the correct current asset among the options.
Answer:C. stock