What is Asset Register and what are mandatory field does it contains

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Accepted Answer

Asset Register is a record of all assets owned by an organization. It contains mandatory fields such as asset name, description, and location.

Asset Register is a database that contains information about all assets owned by an organization.
It includes mandatory fields such as asset name, description, location, and acquisition date.
Other optional fields may include asset value, depreciation rate, and maintenance schedule.
Asset Register helps organizations keep track of their assets, their location, and their value.
It is an important tool for asset management and financial reporting.