Discussion Post
o When a business sells a fully depreciated asset for its salvage value, is a gain or loss recognized?
o How do businesses determine what salvage values to use for their various assets? Are there "hard and fast" rules for salvage values?
o How would an organization prevent the kind of fraud depicted here?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citatios.