An Asset Can Be Disposed of by All of the Following

question 91

Multiple Choice

An asset can be disposed of by all of the following except:

• A)Discarding it.
• B)Selling it.
• C)Exchanging it for another asset.
• D)Donating it to charity.
• E)Continuing to use it after it is fully depreciated.

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Definitions:

Word-of-mouth Marketing

A method of promotion where satisfied customers recommend products or services to their acquaintances.

Blogs

Websites or sections of websites that are updated regularly with new content, typically in an informal or conversational style.

Continuing Stream

An ongoing sequence or flow of activities, information, or processes.

Information

Data that is processed, organized, and structured in a way that is meaningful to the user.