Which of the Following Is NOT a Way to Dispose

question 123

Multiple Choice

Which of the following is NOT a way to dispose of an asset?

• A) Discard or scrap it
• B) Sell it
• C) Exchange it for another asset
• D) All of these are ways to dispose of an asset

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Definitions:

Strategic Plans

Strategic plans are long-term, high-level plans made by an organization to achieve specific goals, outlining the organization's mission, vision, and how it will differentiate itself from competitors.

Incremental Plans

Planning methodology that involves making small or minor updates or changes instead of large, comprehensive shifts.

Tactical Plans

Short-term actions and strategies designed to achieve specific parts of a company's overall strategic plan.

Efficiency

The effectiveness with which an organization, system, or process turns inputs into outputs, minimizing waste and maximizing productivity.