What must be included in the daily inventory records for underground fuel storage tanks?

Prepare for the COF Handle Motor Fuel (P-15) Exam. Study with flashcards and multiple choice questions with hints and explanations. Excel in your test!

In daily inventory records for underground fuel storage tanks, it's essential to include a daily reconciliation of sales and inventory. This practice is crucial for several reasons: it helps ensure accuracy in tracking fuel levels, identifies discrepancies between the amount of fuel delivered and what is sold, and assists in detecting leaks or theft. Regular reconciliation creates a clear picture of fuel consumption and inventory, which is essential for regulatory compliance and managing fuel supply effectively.

Including only sales or other unrelated records would not provide the necessary oversight of the fuel storage system and could lead to significant financial losses or environmental hazards if issues such as leaks are not detected promptly. Thus, daily reconciliation acts as a vital tool for safety, compliance, and operational efficiency.

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