Why is it important that the fixed assets must be recorded in a fixed asset register?

The correct answer to this open question is the following.

It is important that the fixed assets must be recorded in a fixed asset register because it is the proper way to keep records and to maintain the proper control.

Using a fixed assets register helps companies and small business to record every asset and its value. This way the company really is aware of what it has in its inventory of assets and prevents theft. When employees know you have a properly fixed asset register, they know the boss is in control of every aspect of the company's operation.

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