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The trigger for this event is an updated asset record. The Update Asset Record process updates asset records with information based on a change to the quantity, condition or interest or ownership of an asset. For Real Property this includes, but is not limited to, actions such as construction, restoration, modernization, disposal, purchase, transfer, ingrants, outgrants, donations or exchanges. For Personal Property this includes, but is not limited to, actions such as the purchase, transfers, make, issuance, repair and overhaul, return, sale or disposal. For Human Resources assets, this includes a change to the status or assignment of personnel. The value of a Real or Personal Property asset is recorded in the inventory or accountability system upon interim or final acceptance. Information provided by the inventory or accountability system includes but is not limited to valuation information (such as depreciation, amortization), asset specifications, status of asset, ownership and other non-financial data. |