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, and laptops, among others. When an individual or company needs to use tools, some may purchase them, while others 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 are lost or stolen must ensure they are audited and have a procedure in place to identify who is using them. A tool sign-out sheet can…
