Final answer:
The form initiated to reflect the date the assembly was removed from service when a personnel parachute is prepared for shipping is called the Assembly Removal Tag.
Step-by-step explanation:
The form initiated to reflect the date the assembly was removed from service when a personnel parachute is prepared for shipping is called the Assembly Removal Tag. The Assembly Removal Tag is a document used to record when an assembly is taken out of service and is typically attached to the assembly to ensure proper tracking and handling during shipping. This form helps maintain the accountability and safety of the assembly by providing a clear record of when it was removed from service.