INDUSTRIAL FUNDS: Weaknesses Remain in the Department of Defenses Capital Equipment Progrm
Abstract
In 1983, DOD established the ACP to modernize plant and industrial equipment at industrially funded activities. Under the program, the activities purchased capital equipment with industrial funds rather than direct appropriations. The activities recovered the cost of equipment by including depreciation expense in the charges to their customers for work performed and, in some years, surcharges when the depreciation charges were not sufficient to fully fund the program.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1991
- Accession Number
- AD1102911
Entities
Organizations
- United States Government Accountability Office