Oracle Assets setup requires a series of steps categorized in the following manner: Required Steps: Must be completed in order to run the application. No pre-seeded defaults are provided.
Required Steps With Defaults: Setup functionality that comes with pre-seeded, default values in the database. You should however, review these defaults and decide whether to change them to suit your business needs. If you want or need to change them, you should perform that setup step.
Optional Steps: You need to perform Optional steps only if you plan to use the related feature or complete certain business functions.
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