fixed asset trivia 2014 dpa spring training. $5k or more what is the threshold amount for fixed...
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![Page 1: Fixed Asset Trivia 2014 DPA Spring Training. $5k or more What is the threshold amount for fixed asset capitalization of equipment?](https://reader038.vdocuments.us/reader038/viewer/2022110212/56649f215503460f94c39e7f/html5/thumbnails/1.jpg)
Fixed Asset Trivia
2014 DPA Spring Training
![Page 2: Fixed Asset Trivia 2014 DPA Spring Training. $5k or more What is the threshold amount for fixed asset capitalization of equipment?](https://reader038.vdocuments.us/reader038/viewer/2022110212/56649f215503460f94c39e7f/html5/thumbnails/2.jpg)
$5k or more
•What is the threshold amount for fixed asset capitalization
of equipment?
![Page 3: Fixed Asset Trivia 2014 DPA Spring Training. $5k or more What is the threshold amount for fixed asset capitalization of equipment?](https://reader038.vdocuments.us/reader038/viewer/2022110212/56649f215503460f94c39e7f/html5/thumbnails/3.jpg)
6 digits – 2N0150
•How many digits make up the
location code ?
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Fixed Asset Update Form
•What form would you use for a disposal?
![Page 5: Fixed Asset Trivia 2014 DPA Spring Training. $5k or more What is the threshold amount for fixed asset capitalization of equipment?](https://reader038.vdocuments.us/reader038/viewer/2022110212/56649f215503460f94c39e7f/html5/thumbnails/5.jpg)
Surplus
•Who should be contacted first when disposing of an asset?
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Department Property Administrator
•What does the acronym DPA stand for?What does the
acronym DPA stand for?
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Fixed Asset Update Form &Bill of Sale
•What 2 forms are completed when an
asset is sold?
![Page 8: Fixed Asset Trivia 2014 DPA Spring Training. $5k or more What is the threshold amount for fixed asset capitalization of equipment?](https://reader038.vdocuments.us/reader038/viewer/2022110212/56649f215503460f94c39e7f/html5/thumbnails/8.jpg)
IS
•Who should be contacted when disposing of
computer equipment?
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Every 2 years
•How often is a department’s fixed assets inventoried?
![Page 10: Fixed Asset Trivia 2014 DPA Spring Training. $5k or more What is the threshold amount for fixed asset capitalization of equipment?](https://reader038.vdocuments.us/reader038/viewer/2022110212/56649f215503460f94c39e7f/html5/thumbnails/10.jpg)
Fixed Asset Update Form
•What form is completed to transfer
an asset to another department?
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University Police
• Who should be contacted when it is discovered that an asset may have
been stolen?
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ASAP
•When should the paperwork be completed, and sent to the appropriate person, for a disposed, sold or transferred asset?
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Off-Campus Verification Worksheet
•What form is competed and given to the fixed
asset accountant when an asset is offsite at
inventory?
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Non-taggable Asset Form
•When a non-taggable asset is disposed, what should also be attached to the Fixed Asset Update Form?
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Equipment Loan Authorization
•What form should be filled out when a fixed asset is loaned out?
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Rectangular gold & black barcode
•What does a WFU asset tag look
like?
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As soon as it is known
•When should you notify the Fixed Asset Accountant of a
change in DPA?
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Thank you for being on the DPA team!