Assets are classified into current assets only? True or false

There are different types of assets. The most common types of assets are:
Current assets are assets that can be converted to cash within one account period or 1 year whichever is shorter.
Investments - assets held for long-term investment purposes.
Fixed Assets - Assets like buildings, equipment, and machinery that is used in the business
Intangible assets - assets that do not have a physical form like patents, copyrights, goodwill, franchise