Intercompany Assets transfer

Summary: Can we use intercompany to transfer assets from one book to another?

Content (please ensure you mask any confidential information):

Hi All,

I'm reaching out to inquire about the functionality of transferring assets between different books within the Oracle environment. Specifically, I'd like to understand:

Standard Functionality: Is it possible to perform asset transfers between books using Oracle's intercompany module within the standard functionality?
Oracle Fusion Functionality: How does the intercompany module function for asset transfers in Oracle Fusion?
Additionally, I'd be grateful if anyone could point me towards any relevant white papers that delve deeper into this topic.