Exam L4M7 Topic 5 Question 52 Discussion

Actual exam question for CIPS's L4M7 exam
Question #: 52
Topic #: 5
An organisation always obtains negative cash flow regarding removal and disposal of assets. Is this statement true?

Suggested Answer: A Vote an answer

Assets in their end of life need to be removed or disposed. Though an organisation can incur some costs in decommissioning or removal of the assets, it may recover costs by reselling the assets. Therefore, sometimes the organisation can gain positive cash flow from removal and disposal of assets. The answer should be "No, the organisation may recover the value of the assets by reselling it".
LO 3, AC 3.3

by Antonio at Nov 11, 2024, 09:55 AM

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