Information deemed to be necessary by the organization to achieve effective property accountability can include: hardware inventory specifications (manufacturer, type, model, serial number, physical location), software license information, information system/component owner, and for a networked component/device, the machine name and network address.
This is not an application requirement. This requirement is regarding information system component inventory. The purpose is to require organizations to employ an automated mechanism to inventory and detect when new devices and components are installed into information systems.
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