Fixed Asset Disposal and Write-Off Approval
Governs the approval, execution, and recording of fixed asset disposals, sales, donations, and write-offs.
Why This Matters
Disposal is the moment an asset can quietly become someone's personal property, which is why the person approving a disposal never hauls it away and the person selling scrap never pockets undocumented proceeds. Clean disposals also keep the books honest; ghost assets inflate insurance premiums and distort depreciation for years.
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