What is custodial responsibility?

Study for the Fundamentals of Property Accountability Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Multiple Choice

What is custodial responsibility?

Explanation:
Custodial responsibility means being responsible for property that is kept in storage and is awaiting issue to a unit or individual, or for turn-in. The custodian safeguards the items, maintains records, and ensures proper handling so the property can be issued or returned when needed. This is different from direct accountability (property assigned to a person and carried on a hand receipt), from property that is currently in use by someone, or from disposal of property. Because custodial responsibility specifically covers stored, not-yet-issued or not-yet-disposed items, it is the best description.

Custodial responsibility means being responsible for property that is kept in storage and is awaiting issue to a unit or individual, or for turn-in. The custodian safeguards the items, maintains records, and ensures proper handling so the property can be issued or returned when needed. This is different from direct accountability (property assigned to a person and carried on a hand receipt), from property that is currently in use by someone, or from disposal of property. Because custodial responsibility specifically covers stored, not-yet-issued or not-yet-disposed items, it is the best description.

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