Fixed asset systems must keep track of the physical location of each asset to promote accountability.

Name: Fixed asset systems must keep track of the physical location of each asset to promote accountability.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

Keeping track of the physical location of fixed assets helps to ensure that they are not misplaced or stolen, and promotes accountability for their use and maintenance. It also makes it easier to conduct physical audits and locate assets when needed.

Fixed Asset Systems Must Keep Track of the Physical Location