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  3. Why do we perform an annual physical inventory of assets?
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  3. Why do we perform an annual physical inventory of assets?

Why do we perform an annual physical inventory of assets?

State regulations require the University to take an annual equipment inventory. Each department is responsible for verifying information about its own inventory and making all changes and corrections through the CAMS Departmental Systems.

Read more:

REG 07.30.12 – Capital Assets – Annual Equipment Inventory

Updated on February 28, 2020

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