An asset can be disposed of by:
A) Discarding it.
B) Selling it.
C) Exchanging it for another asset.
D) Donating it to charity.
E) All of these.

Question

Quizplus · Accepted Answer

An asset can be disposed of by discarding it, selling it, exchanging it for another asset, or donating it to charity. Therefore, the best choice is E, which includes all of these options. The choice of which disposal method to use would depend on factors such as the value of the asset, the reason for disposal, and any legal or ethical considerations.

An Asset Can Be Disposed of By