Accession Number:

AD0713606

Title:

USE OF MAGNETIC TAPE FOR REPORTING COST INFORMATION

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1970-09-01

Pagination or Media Count:

53.0

Abstract:

As an alternative to the current practice of submitting cost reports on paper, this study suggests incorporating the capabilities of electronic data processing in the design of reporting systems and using magnetic tape as the primary medium for reporting and storing data. Instead of submitting printed reports, a contractor would provide documentation of his accounting system and work assignment structure at the initiation of a procurement program, and provide periodic tape copies of his internal accounting records during the acquisition phase. A sample program was selected as a test case and all major tasks were performed, including in-depth reviews of the contractors accounting system and the procurement programs work breakdown structure. A series of specialized paper reports were printed using a generalized report-generating program written for the project. No problems were encountered that could be attributed to the basic concepts of the system or to the principal elements of implementation.

Subject Categories:

  • Administration and Management
  • Recording and Playback Devices

Distribution Statement:

APPROVED FOR PUBLIC RELEASE