What must be tracked under the concept of property accountability?

The concept of property accountability involves tracking government property to ensure that it is properly maintained and accounted for throughout its lifecycle. This includes items that are currently in use, as well as those that may not be actively utilized but still belong to the government. Ensuring proper maintenance is crucial because it helps to extend the lifespan of these assets and maintain operational readiness.

Tracking government property goes beyond just newly acquired items or outdated military equipment. The accountability covers all items that belong to the government, ensuring that they are properly controlled, maintained, and can be accounted for at any given time. This comprehensive accountability ensures that resources are used efficiently and that there is a clear record of all government property in possession of the entity responsible, facilitating accurate reporting and preventing loss or mismanagement.

The other options are limited in scope and do not encompass the full breadth of property accountability practices as defined in AR 735-5. The focus on just newly acquired items or only outdated equipment ignores the importance of managing all property consistently, which is vital for maintaining operational effectiveness.