Identify the complete statement that defines property accountability expectations.

• A. Accounting is complete and accurate; property is on hand and serviceable; excess property is turned in or transferred.
• B. Only partial accounting is required; property is on hand; no requirement for excess property.
• C. All property must be inventoried monthly.
• D. Excess property must be discarded.

Answer: (A)

In property accountability, you must maintain complete and accurate records, ensure the property you have is on hand and serviceable, and handle any excess property through proper turn-in or transfer. That combination is exactly what the statement communicates: accounting is complete and accurate; property is on hand and serviceable; excess property is turned in or transferred. It reflects the full cycle of accountability—from precise records to usable assets in hand to proper disposition of surplus.

The other options don’t fit because they imply incomplete accounting, no requirement to deal with excess property, or even discarding excess, which isn’t how accountability is managed.