How are adjustments over $5,000 but less than $10,000 reported?

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When adjustments in property management fall between $5,000 and $10,000, they must be reported using the appropriate forms, such as the CG-3114 or an approved inventory report. This requirement ensures that all significant property transactions are documented formally and consistently, providing an accurate and legal record of the adjustments made.

Utilizing the CG-3114 helps maintain accountability and transparency regarding the management of government property. It allows for proper tracking, aids in audits, and ensures compliance with legal and regulatory requirements surrounding property management within the Coast Guard. By following the prescribed reporting process, personnel are contributing to maintaining integrity in the management of assets, which is crucial for operational effectiveness and to prevent loss or misuse of property.

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