An asset can be disposed of by

Question

Quizplus · Accepted Answer

An asset can be disposed of in various ways depending on the circumstances. Discarding may not always be the best choice as some assets may still hold value or have environmental implications. Selling could generate revenue for the company, exchanging could be beneficial if the company needs a particular asset and donating it to charity could create goodwill and tax benefits. Therefore, all of these options should be considered before deciding on the best disposal method for an asset.

An Asset Can Be Disposed of by