Which of the following is not a mode of acquiring an asset for a company?
A)Acquiring internally via the production process
B)Acquire from a vendor using the purchasing process
C)Acquire from a vendor without using the purchasing process
D)Selling equipment
E)Acquiring without a vendor

Question

Quizplus · Accepted Answer

Selling equipment is not a mode of acquiring an asset, as it involves disposing or getting rid of an existing asset rather than bringing in a new asset. The other options all involve ways a company can acquire a new asset.

Which of the Following Is Not a Mode of Acquiring