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Accession Number:
AD1122855
Title:
Industrial Funds: Recent DOD Reporting Changes Should Facilitate Congressional Oversight
Report Date:
1986-04-11
Abstract:
DOD uses industrial funds to finance various activities, such as maintenance depots, shipyards, and ordnance stations, that perform functions of an industrial or commercial nature. Operating as "businesses," industrially funded activities perform services for or provide goods to customers, who reimburse the activities with appropriated monies for the costs incurred. Reimbursement enables the industrial fund to maintain the level of working capital it needs to continue its operations. In fiscal year 1986, DOD obligated about $26.1 billion through its industrial fund activities, which represented about 9 percent of its $289 billion budget.
Document Type:
Conference:
Journal:
Pages:
26
File Size:
1.59MB
Contracts:
Grants:
Distribution Statement:
Approved For Public Release
