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Property Utilization and Custodianship Quiz
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Property Utilization and Custodianship Quiz

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Questions and Answers

True or false: Custodianship refers to the safekeeping and accountability of government property.

True

True or false: Only the Accountable Officer is responsible for the safekeeping of government property.

False

True or false: The head of the agency is directly and principally responsible for his agency's funds and property.

True

True or false: The liability of an accountable officer only applies when the property is in his/her real custody at the time.

<p>False</p> Signup and view all the answers

True or false: The accountable official must apply to the Bureau of Treasury Fiscal Examiner immediately after being appointed/designated to a bonded position.

<p>True</p> Signup and view all the answers

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Description

Test your knowledge on property utilization and custodianship procedures with this informative quiz! Learn about the accountability processes involved when the government acquires property and the importance of custodianship in ensuring proper management. This quiz includes keywords such as property utilization, custodianship, and government property.

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