##  [Fixed Asset Management](/fixed-asset-management) 

  ##  [Fixed Asset Management](https://social.quantumdictionary.io/fixed-asset-management-0) 

  

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**Social Sciences Dictionary**

 







 

 

 

 



 

 

 

 

Definition

The set of policies, procedures and controls used to identify, capitalize, record, monitor, depreciate or amortize, test for impairment, revalue when applicable, and dispose of an organization’s long‑lived tangible assets used in operations (property, plant and equipment).