Cash Management Within the Defense Reutilization and Marketing Service
Abstract
This report is being issued as part of our Audit of the FY 1993 Financial Statements of the Defense Reutilization and Marketing Service (Project No. 2LE-202O). Sales proceeds generated from the sales of scrap material by the Defense Reutilization and Marketing Service (DRMS) are processed by the Defense Finance and Accounting Service, Columbus, Ohio, with subsequent reimbursement made to the Defense Business Operations Fund account or qualified DoD activities. The primary objective of this phase of the audit was to evaluate whether sales proceeds that were deposited into cash suspense accounts were being reimbursed to the appropriate turn-in activities in a timely manner. The audit also evaluated applicable internal controls related to timely processing of sales proceeds to qualified recipients.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 30, 1994
- Accession Number
- ADA375038
Entities
People
- Curt W. Malthouse
- Gordon P. Nielsen
- James B. Helfrich
- Shelton R. Young
- Stuart D. Dunnett
Organizations
- Office of the Inspector General, U.S. Department of Defense