Controls Over Government-Furnished Precious Metal at J.F. Jelenko and Company.
Abstract:
The audit universe consisted of 45 contractors who were issued a total of 2,008,341 troy ounces of precious metals in FY 1990 valued at approximately 9 million. We randomly selected J. F. Jelenko and Company and Yardney Technical Products, Inc., for review. J. F. Jelenko and Company contracts contained Government-furnished precious metals valued at approximately 2.5 million. Our review of Yardney will be reported separately.
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