When doing a Report of Surveys for a lost, damaged, or destroyed item on a property report, what is the maximum monetary value for which you would not have to do a report?

• A. Property less than $500 however the CO may order one if they deem it necessary.
• B. Property less than $1000; CO may order one if necessary.
• C. Property less than $250; CO may order one if necessary.
• D. Property less than $750; CO may order one if necessary.

Answer: (A)

The key idea is that property losses have a monetary threshold that determines when a formal Report of Survey is required. This threshold helps balance accountability with efficiency: small losses don’t trigger the paperwork, while larger ones do. For lost, damaged, or destroyed items, if the value is less than 500, you would not normally file a Report of Survey; the commanding officer may still order one if they deem it necessary. So the maximum value for which a ROS isn’t required by default is anything under 500, with the CO's discretion serving as the exception.