When There Is an Exchange of Assets, and No Cash

question 49

True/False

When there is an exchange of assets, and no cash is paid, there will always be a gain or loss on disposal of property, plant, and equipment recorded.

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Definitions:

Normal Pointer

The default state or appearance of a cursor on a computer screen, typically an arrow.

I-beam Pointer

The shape of the cursor on a screen that indicates where text can be inserted.

Move Pointer

The action of moving the cursor or mouse pointer on a computer screen to interact with elements such as icons, windows, or text.

Copy Pointer

A pointer or reference in computer programming that points to or copies the location of another object.