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.

Fully Depreciated

Term used for an asset that has reached the end of its useful life, with its cost fully allocated across the accounting periods it was in use.

Disposed

This term refers to the action of getting rid of an asset or property, often through a sale, exchange, retirement, or destruction.