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6.03.07.01 – Procedure – Financial Management Equipment Inventory

The College shall conduct an annual inventory of capitalized assets. Spot checks may be made at
intervals when deemed necessary or advisable. The College shall inventory non-capitalized high-risk assets at least once every two (2) years. The Vice President of Administrative Services shall
be responsible for making sure that the inventory is completed.

Adopted: January 9, 2019