Script to import or replace an image with another image from the library (CC)?

Is it possible for a script to import or replace an image in my document with another image that you have located in the library (creative cloud)?
For example, I have an image selected in my document. When I run the script, it should locate the object in the library and replace it.
My object in the library is called "Test_1" and is in the "Group_1" group, within the "TEST" Library.