Who ultimately assumes liability for borrowed property?

Prepare for the AR 735-5 Property Accountability Exam. Use flashcards and multiple choice questions with hints and explanations. Ace your test!

The correct answer reflects the principle of collective responsibility within an Army organization. When property is borrowed, the organization assumes overall liability for that property. While an individual may borrow the property and be responsible for its care and preservation during that time, it is the Army organization that holds ultimate accountability. This ensures that there is a chain of responsibility and accountability at the organizational level, particularly for property management and accountability, which are critical in a military context.

When property is borrowed, the organization typically has policies in place to monitor and manage that property. This arrangement helps maintain structure and accountability in property management, ensuring that borrowed items are returned in good condition and within the specified timeframe. It's essential for the organization to maintain a chain of accountability to uphold standards and procedures in accordance with AR 735-5.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy