Which regulation outlines the policies and procedures for property accountability?

The regulation that outlines the policies and procedures for property accountability is AR 735-5, which is specifically focused on the Army’s policies related to the management of property accountability and the supply of property. This document provides guidance on the responsibilities of individuals and units in maintaining accurate records of property management, ensuring that all military supplies and equipment are accounted for properly. It includes detailed processes for the receipt, maintenance, and disposition of property, as well as the procedures to follow in the event of loss, damage, or destruction of property.

The other regulations mentioned, while they cover important aspects of Army operations, do not specifically address property accountability. For instance, AR 600-38 pertains to Army personnel management policies, AR 700-138 deals with the logistics and supply chain management, and AR 220-1 focuses on the Army unit status reporting and readiness. Therefore, AR 735-5 is the appropriate regulation for anyone involved in managing and ensuring accountability for property within the Army context, making it the best choice for this question.