Accession Number:

AD1100704

Title:

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

Descriptive Note:

Technical Report

Corporate Author:

GENERAL ACCOUNTING OFFICE WASHINGTON DC WASHINGTON DC United States

Personal Author(s):

Report Date:

1971-07-30

Pagination or Media Count:

21.0

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.

Subject Categories:

  • Logistics, Military Facilities and Supplies
  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE