What is the initial action required by a Hand Receipt or Accountable Officer?

The initial action required by a Hand Receipt or Accountable Officer typically involves the initiation of the DD Form 200, which is used to document the inventory and accountability of government property. This form is critical in the process of investigating and recording any discrepancies in property accountability. By initiating the DD Form 200, the Accountable Officer starts the process of formally addressing the loss or damage of assets and ensures that all necessary actions are taken to rectify any issues with property management.

The process does not begin with gathering statements or ensuring the completion of the DD Form 200, as these tasks usually follow the initial action of initiating the form. Additionally, while reviewing financial liability is an important aspect of the overall process, it occurs after the dropdown of property accountability has been established through the initiation of the DD Form 200. Thus, the initiation of this form is the correct and essential first step in managing property accountability for the Hand Receipt or Accountable Officer.