What can result from failing to conduct proper property handover procedures?

Failing to conduct proper property handover procedures can lead to financial liability for lost or damaged property because these procedures are designed to ensure accountability and tracking of assets. When handover procedures are not followed, there is a risk of misplacing equipment or failing to account for its condition. This lack of proper documentation and transfer increases the likelihood of financial repercussions, as the responsible party may be held liable for any losses incurred. The established procedures serve as safeguards that protect both the individuals and the organization from potential financial losses associated with missing or damaged military property.