Which document is crucial for documenting losses in bulk petroleum when the loss exceeds stated allowances?

The correct document for documenting losses in bulk petroleum when the loss exceeds stated allowances is the DD Form 200. This form is specifically designed for reporting and documenting situations involving the loss, damage, or destruction of government property. When a loss happens that surpasses the permitted allowances, it's critical to use this form to provide a formal record of the incident, outlining details such as the nature of the loss, the circumstances surrounding it, and any corrective actions taken.

Utilizing the DD Form 200 ensures that proper accountability is maintained and aids in investigating the loss thoroughly. The completion of this form is part of maintaining accurate records and complying with regulations governing government property and assets. It sets in motion the necessary reviews and actions to prevent future occurrences and safeguard resources.