What is a Sub-Hand Receipt (SHR) used for?

Study for the Property Accountability Test. Prepare with flashcards and multiple choice questions. Practice understanding accountability systems, property management strategies, and compliance. Get exam-ready!

A Sub-Hand Receipt (SHR) is specifically used to document the care or use of property without transferring responsibility. This means that while an individual may have possession of the property and is responsible for its upkeep and proper use, the overarching accountability for that property remains with the original custodian. The SHR helps in maintaining clear records of who is using what property and under what circumstances, while ensuring that the ultimate responsibility for the item is still rooted in the original owner or custodian. This serves as an essential tool for property management, as it allows for accountability and traceability without altering ownership or responsibility.

The other options do not align with the specific purpose of the Sub-Hand Receipt. For instance, it does not track item prices or establish formal ownership, nor does it transfer direct responsibility for property, which are functions fulfilled by different forms of documentation or processes in property management.

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