CERTYNEX IFRS ACADEMY

Delta SA's normal operating cycle is 18 months. At 31 December 2026, which of its assets is classified as current?

A machine that Delta expects to use for 5 years to produce its goods.

Inventories of goods that Delta expects to sell in 15 months, within its normal operating cycle.

A loan granted to a third party, which the borrower must repay in 3 years.

A building that Delta rents to third parties and plans to keep for 10 years.