Which report must be forwarded for the approval of large dollar inventory adjustments?

The CG-842 report is specifically designed for inventory adjustments that involve large dollar amounts. This report provides detailed information about the inventory being adjusted, including reasons for the adjustments and the financial implications. It is essential for ensuring proper oversight and accountability in managing Coast Guard property. Large dollar adjustments often require additional scrutiny to maintain the integrity of financial records, and the CG-842 serves as the formal mechanism to facilitate this process.

By using the CG-842 report, property managers can clearly communicate the adjustments being made to higher authorities, ensuring that there is transparency in inventory management practices. This report also helps maintain compliance with regulations and policies governing asset management within the Coast Guard, contributing to accurate financial reporting and inventory tracking.