What must a Property Control System ensure?

A Property Control System plays a crucial role in the management of physical assets within an organization. It is designed primarily to safeguard these assets by implementing measures to prevent loss, theft, or damage. This system also ensures that the condition of the assets is verified and maintained appropriately, which is essential for asset viability and operational efficiency.

When physical assets are adequately safeguarded and their conditions are regularly checked, the organization can minimize risks and ensure that it maintains a reliable inventory of assets. This contributes to the overall security and accountability of asset management, making it essential that a Property Control System meets these objectives.

While the other options may represent valuable functions in organizational management—such as improving communication, simplifying procedures, or financial forecasting—they do not encapsulate the primary purpose of a Property Control System, which is fundamentally to ensure the security and condition verification of physical assets.