The Knowledge Base hierarchy of Asset Types should be organized in as logical and economical a way as possible for Standard Items to provision Assets with:
• Standard Asset Types
• Standard Defects
• Standard Actions
• Standard Inspections
Standard items put at the right level of the Knowledge Base Hierarchy will avoid duplication and make for a correspondingly more robust Asset Hierarchy.
The Knowledge Base defines financial parameters on Asset Types, which are then applicable to all Assets of such an Asset Type. See Asset Type Form - General Tab|document=Documents\Conquest II Reference.docx;topic=Asset Type Form - General Tab for details.