If you retire an entire asset including all of its units and cost it is called
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A. Full Retirement
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B. Partial Retirement
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C. Reinstate retirement
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D. All of the above
When you retire an entire asset including all its units and associated cost, it is called Full Retirement. This differs from Partial Retirement where only some units are retired. Reinstate retirement would mean bringing back a previously retired asset.
Full Retirement in Oracle Assets is specifically defined as retiring an entire asset — all of its units and its full cost — removing it entirely from the active asset register (subject to gain/loss calculation). This contrasts with Partial Retirement, which retires only a subset of units or a portion of the cost while the asset remains partially in service, and Reinstate Retirement, which reverses an earlier retirement transaction. Since the scenario describes retiring 'all units and cost,' Full Retirement is the precise match.