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MANAGEMENT ADVISORY AND COMPLIANCE SERVICES

Equipment Accounting

1. Were equipment purchases made in accordance with purchasing guidelines?

2. Are proper equipment object codes used for equipment with per unit cost of $5,000 or more and with a useful life of more than one year?

3. Does all university equipment have a Towson University property tag which is easily visible?

4. Is property control notified of equipment lost, stolen, salvaged or scrapped?

 

 

 

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