What is the purpose of Army regulation AR 740-26 PHYSICAL INVENTORY CONTROL?
Army regulation AR 740-26 PHYSICAL INVENTORY CONTROL provides guidelines and procedures for conducting physical inventories and controlling inventory accuracy within the Army.

Who does Army regulation AR 740-26 PHYSICAL INVENTORY CONTROL apply to?
This regulation applies to all Army units and activities responsible for managing and controlling inventory accountable to the Army.

What are the main objectives of conducting physical inventories?
The main objectives of physical inventories are to ensure inventory accountability, accuracy, and establish a baseline for future inventory control efforts.

How often should physical inventories be conducted?
Physical inventories should be conducted at least once a year, but more frequent inventories may be required based on the importance and value of the items, as determined by the responsible commander.

What are the responsibilities of the Property Book Officer (PBO) in relation to physical inventory control?
The PBO is responsible for planning, coordinating, and executing physical inventories, ensuring compliance with regulations, and resolving inventory discrepancies.

Are there any exceptions to conducting physical inventories?
Yes, physical inventories can be waived in emergency situations, such as mobilizations, deployments, or during combat operations. However, efforts should be made to conduct inventories as soon as possible after the situation is resolved.

How should discrepancies discovered during physical inventories be handled?
Discrepancies should be thoroughly investigated, and corrective action should be taken to resolve the discrepancies. Documentation of all discrepancies and actions taken to rectify them should be maintained.

Can supporting documents be used as a substitute for conducting physical inventories?
No, supporting documents alone cannot replace the need for physical inventories. Physical counting and verification of inventory are essential to ensure accuracy and accountability.

What are the consequences of non-compliance with Army regulation AR 740-26 PHYSICAL INVENTORY CONTROL?
Non-compliance with this regulation may result in inventory inaccuracies, loss of accountability, and potential disciplinary action for responsible individuals.