As a result of economic pressures, organizations have begun to pay more attention not only to purchasing practices but also to the disposal of surplus material, a function which is called by many names including asset recovery. This article begins with a discussion on the basic principles of asset recovery. A framework to analyze asset recovery decisions is then provided along with examples to illustrate the effect of tax and other laws on the various decisions. Finally, this article discusses some of the contemporary issues (including the alternative methods) in surplus asset disposal and their impact on the function.
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