What does a Primary Hand Receipt (PHR) signify?

What does a Primary Hand Receipt (PHR) signify?

• A. A record of financial agreements
• B. A hand receipt between the PBO and a responsible individual
• C. A list of items due for replacement
• D. A record of property disposal actions

Answer: (B)

A Primary Hand Receipt (PHR) signifies a hand receipt between the Property Book Officer (PBO) and a responsible individual, indicating a formal acknowledgment of the property being issued to that individual. This document is crucial in the accountability of government property, as it specifies the items the individual is responsible for and establishes their liability for those items. The PHR serves to track custody of property, ensuring that the individual acknowledges receipt of the items and understands their responsibility for maintaining those assets. It plays a vital role in the overall property accountability system by creating a clear link between the PBO and the individual responsible, which is essential for accurate inventory management and auditing.

A Primary Hand Receipt (PHR) signifies a hand receipt between the Property Book Officer (PBO) and a responsible individual, indicating a formal acknowledgment of the property being issued to that individual. This document is crucial in the accountability of government property, as it specifies the items the individual is responsible for and establishes their liability for those items.

The PHR serves to track custody of property, ensuring that the individual acknowledges receipt of the items and understands their responsibility for maintaining those assets. It plays a vital role in the overall property accountability system by creating a clear link between the PBO and the individual responsible, which is essential for accurate inventory management and auditing.