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Fixed Asset Trivia. 2014 DPA Spring Training. $5k or more. What is the threshold amount for fixed asset capitalization of equipment?. 6 digits – 2N0150. How many digits make up the location code ?. Fixed Asset Update Form. What form would you use for a disposal?. Surplus.

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fixed asset trivia

Fixed Asset Trivia

2014 DPA Spring Training

5k or more
$5k or more
  • What is the threshold amount for fixed asset capitalization of equipment?
6 digits 2n0150
6 digits – 2N0150
  • How many digits make up the location code ?
fixed asset update form
Fixed Asset Update Form
  • What form would you use for a disposal?
surplus
Surplus
  • Who should be contacted first when disposing of an asset?
department property administrator
Department Property Administrator
  • What does the acronym DPA stand for?

What does the acronym DPA stand for?

fixed asset update form bill of sale
Fixed Asset Update Form &Bill of Sale
  • What 2 forms are completed when an asset is sold?
slide8
IS
  • Who should be contacted when disposing of computer equipment?
every 2 years
Every 2 years
  • How often is a department’s fixed assets inventoried?
fixed asset update form1
Fixed Asset Update Form
  • What form is completed to transfer an asset to another department?
university police
University Police
  • Who should be contacted when it is discovered that an asset may have been stolen?
slide12
ASAP
  • When should the paperwork be completed, and sent to the appropriate person, for a disposed, sold or transferred asset?
off campus verification worksheet
Off-Campus Verification Worksheet
  • What form is competed and given to the fixed asset accountant when an asset is offsite at inventory?
non taggable asset form
Non-taggable Asset Form
  • When a non-taggable asset is disposed, what should also be attached to the Fixed Asset Update Form?
equipment loan authorization
Equipment Loan Authorization
  • What form should be filled out when a fixed asset is loaned out?
rectangular gold black barcode
Rectangular gold & black barcode
  • What does a WFU asset tag look like?
as soon as it is known
As soon as it is known
  • When should you notify the Fixed Asset Accountant of a change in DPA?
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