INDUSTRIAL FUNDS: The Department of Defense's Management of ACP Funds
Abstract
DOD has five industrial funds (one each for the Army, Navy, Air Force, Marine Corps, and defense agencies) to finance such activities as aircraft depots, shipyards, and public work centers that perform work of ji an industrial or commercial nature. Effective in fiscal year 1983, the Congress approved DODS request to establish the ACP as a source of funds for modernizing industrial fund equipment and as a means of providing industrial fund activity managers greater authority for purchasing equipment. For each fiscal year 1983 through 1989, the Congress established ACP obligation authority in DODS appropriation accounts, which allowed DODS industrial fund activity managers to obligate ACP funds within the general constraints of the program.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1990
- Accession Number
- AD1174748
Entities
People
- Donna Heivilin
Organizations
- United States Government Accountability Office