What is the appropriate action when property is lost or damaged under your supervision?

When property is lost or damaged under your supervision, the appropriate action is to file a DD Form 200, which is the "Financial Liability Investigation of Property Loss." This form is used in the Department of the Army to report and investigate the loss or damage to government property. The DD Form 200 initiates a formal process to determine accountability for the lost or damaged items, evaluate the circumstances surrounding the incident, and assess the liability that may arise from it.

Filing this form is important because it ensures that the loss or damage is properly documented and that any necessary actions, such as restitution or further investigation, can be taken. This form also helps maintain transparency and accountability within the unit regarding property management.

In contrast, notifying local authorities is typically not necessary for military property issues unless criminal activity is suspected. Purchasing replacement items without proper authorization and documentation could violate policies and lead to financial discrepancies. Conducting an internal audit, while useful for ensuring proper inventory control and financial health, does not specifically address the immediate need to document and investigate the loss or damage of property.