Which of the following is a key element of a property accountability program?

Conducting periodic audits of property records is a fundamental component of a property accountability program because it ensures accuracy and integrity in the handling of property. Periodic audits provide a systematic review of property records, allowing organizations to verify that the physical inventory matches the recorded data. This process helps identify discrepancies, such as missing or misplaced items, and enables timely corrective actions to be taken.

Regular audits also enhance transparency and accountability within the organization, as they provide a means to assess compliance with established policies and regulations, such as those outlined in AR 735-5. By regularly scrutinizing property records, an organization can maintain a high level of accountability, ensuring that all property is accounted for and appropriately managed. This, in turn, supports the overall effectiveness of the property accountability program. Regular audits help build a culture of responsibility among personnel, reinforcing the importance of maintaining accurate records and stewardship of property.