Which status best indicates an asset is moving between locations?

• A. In Transit
• B. On-hand
• C. Assigned
• D. Reserved

Answer: (A)

In Transit indicates an asset is in the process of being moved from one location to another. This status shows the item isn’t at a specific site for use (on-hand) and isn’t allocated to a task or reserved for a purpose (assigned or reserved), but is actively en route or awaiting arrival. It captures the movement state and helps track custody and expected delivery during relocation. On-hand means the item is at a location and ready for use, assigned ties it to a person or task, and reserved means it’s set aside for a purpose but not necessarily moving. So, In Transit best communicates that the asset is currently in the process of relocation.