How many types of property books are there?

• A. Four types
• B. Two types
• C. One type
• D. Three types

Answer: (B)

In property accountability, there are two types of property books used to track equipment at different levels. The unit property book records everything that belongs to the unit as an organization and is managed by the Property Book Officer to support unit-level inventory, readiness, and financial accountability. The hand receipt (or sub-hand receipt) property book records property assigned to individuals or subunits, capturing personal accountability for items issued for day-to-day operations. When items are issued, they appear in both records so ownership at the unit level and custody by the individual are tracked together; when items are turned in or transferred, both records are updated accordingly. This dual system helps ensure clear ownership, makes audits more straightforward, and supports accurate readiness reporting.