REPORT TO THE CONGRESS: Savings Available By Transferring Army Inventory Accounting From Stock Funds To Industrial Funds At Installation Level

Abstract

At the Aberdeen Proving Ground, GAO found that the maintenance of an industrial fund accounting system and a stock fund accounting system had resulted in duplication of certain functions and records. GAO believes that the Aberdeen industrial fund can be used as the principal accounting means to finance and account for inventories now controlled by the stock fund and to process related accounting transactions.

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Document Details

Document Type
Technical Report
Publication Date
Jul 30, 1971
Accession Number
AD1100704

Entities

People

  • C. M. Bailey

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Comptrollers
  • Computer Programs
  • Computers
  • Congress
  • Data Processing
  • Department Of Defense
  • Elimination
  • Executives
  • Finance
  • House Of Representatives
  • Inventory
  • Law
  • Maintenance
  • Money
  • Test And Evaluation
  • United States

Readers

  • Government Contracting/Procurement.
  • Logistics and Supply Chain Management.
  • Military Science and Technology Research and Modernization.