How does accounting and finance get involved


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Q: From time-to-time, a logistician must dispose of obsolete items; however, the logistician should first get a budget for the disposal. Why do you think this is necessary? Assuming it is worth nothing, why not just dispose of the items? How does accounting and finance get involved in this? After answering these questions, conduct a brief Internet search to determine how companies get rid of their obsolete inventory items.

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Accounting Basics: How does accounting and finance get involved
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