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What is the difference in items that are marked missing and items that are marked lost?

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What is the difference in items that are marked missing and items that are marked lost?

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When you complete your inventory and select the “Finalize” button, all items that are still Unmarked will become “Missing in [year of inventory].” The system assumes a “Lost” item was lost by a person, and an item cannot be marked as “Lost” unless it is checked out……..”Lost” is a circulation status. “Missing” is the inventory status.

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