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Technical View

Common Attributes

Core Entities

Asset (Asset)

Assets are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. This class and most of the classes and entities below are described using text from: U.S. Department of Education, National Center for Education Statistics. Financial Accounting for Local and State School Systems: 2003 Edition (NCES 2004–318), by the Core Finance Data Task Force, The National Forum on Education Statistics.


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National Center for Education Statistics -
U.S. Department of Education