Question

Indicate why differentiation is made between current assets and non-current assets

Answer 1

Current assets are items listed on a company's balance sheet that are expected to be converted into cash within one fiscal year. Conversely, noncurrent assets are long-term assets that a company expects to hold over one fiscal year and cannot readily be converted into cash. Current and noncurrent assets are located on the balance sheet. 

Source:

https://www.investopedia.com/ask/answers/042915/what-difference-between-current-and-noncurrent-assets.asp