Which of the following methods of disposing of a fixed asset could result in the recognition of a loss, but would NEVER result in the recognition of a gain A Sale B Retirement C Exchange Trade in D Casualty E None of the above (i e , all of these methods could result in recognition of a gain)

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Which of the following methods of disposing of a fixed asset could result in the recognition of a loss, but would NEVER result in the

Which of the following methods of disposing of a fixed asset could result in the recognition of a loss, but would NEVER result in the recognition of a gain?

	A.	Sale
	B.	Retirement
	C.	Exchange/Trade-in
	D.	Casualty
	E.	None of the above (i.e., all of these methods could result in recognition of a gain)

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