Tools are essential instruments or equipment needed in many industries. They are used to do a specific type of work. Tools include hammers, wrenches, shovels, computers, laptops, etc. When an individual or company needs to use tools, some may buy them, but some may consider renting or borrowing them. Tools are expensive; if a company invests in them, it must ensure nothing is missing. A company that wants to ensure no tools get lost or stolen must ensure these are audited, and a procedure is in place to know who is using them. A tools sign-out sheet can be used…
