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FGMSD-76-4 1 (1975-08-18)

handle is hein.gao/gaobaaaxm0001 and id is 1 raw text is: UrFElr STATEf, . .f. AM..... ,, CmcE S;/' WASHINGTON, D.C. 20543 EUIVM~ON OF~ VINA14(;[AL AN2D (VlJIRAL M.Ar4A(AfM[ T S cr S LM096849 The Hlotorable YhC S :retary of Defense Dear ,r. Secretary: sie surveyed the industrial fund accounting system for printing d duplicating services in the Department of the Air Force to deter- mine :f it was being operated in accordance with the syste-i design approved by the Comptroller General in February 1970. Based on our work at the Air Force printing and duplicatiig plant at Rooins Air Force Bast, G&orgia, we corcluded that the accounting sy'ten is being operated in accordance with the approved system design na is substantially in comploiance with the principles, star.ards, and related requirements currently prescribed by rhe Comp'roller C...,ral in Title 2 of the GAO Policy and Prcedc-res Manual ior Guidance of Fcderal Ag--c.cs. We were informed that the sj:ae system desig;n !,as been implemetied at six other Air Force vrinting aad duplicating plants. In arriving at oor conclusion, we observed and tested operatin. procedures and controls cver (1) the establishment and collection of accounts receivable, (2) expenditures and obligations, t3) property and equipment, and (4) the accumulation an41 distribution of incurred cost,. We also evaluated and tested the accountin. procedures used in maintaining asset, liability, capital, revenue, cos., and s,.atistical accounts in tile general le1ger. ;We found that the Air Force Audit Agency had reviewed aspects of the system in 197.1 and that the review was adequately performed. We noted, however, that the irdustrial fund, which should be self- sustaininp to the extent possible, was not reimbursing the host base for support services. Details follow. St'tiPOPT COSTS OF HOST BASE .:,r CARGED TO PRINTING PLANT DOD Directive 7410.4 contzins the various objectives of indus- trial funrds. One of the specific objectives is as follows: BEST DO6iJMENT AVAILABLE FGMSD-76-4 q MD7-

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