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092864 1 (1970-09-25)

handle is hein.gao/gaobacwsv0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE REGIONAL OFFICE 7014 FEDERAL BUILDING, 1961 STOUT STREET DENVER, COLORADO 80202 September 25, 1970 Commander Defense Contract Administration Services Region, New York 60 Hudson Street New York, New York 10013 LM092864 Dear Sir: We have made an examination of the December 1969 voucher account submitted by Major S.'F. Gumbs, Jr., under Air Force disbursing symbol 5246. Our review was made at the Air Force Accounting and Finance Center and consisted of a detailed examination of vouchers selected through the use of generally accepted statistical methods. Payments under cost-reimbursement type contracts, which are subject to site examination by the General Accounting Office, were not considered in this examination. We audited 104 of the 1,722 disbursing vouchers and 21 of the 44 collection vouchers submitted for December 1969. Our review disclosed that 38 disbursement vouchers involved payments where discounts were offered. We found that in seven of the 38 payments, discounts were lost since payments were not timely made. There was also one disburse- ment voucher evidencing that timely payment was not made; however, the payment was reduced by the amount of the discount. The above payments are identified and explained on the enclosed attachment. The results of our tion. Please advise as counts through untimely review are being furnished for your informa- to the action taken to preclude loss of dis- payments. Sincerely yours, S. D. McElyea Regional Manager Attachment cc: Comptroller of the Air Force Director, Defense Supply Agency Commander, AFAFC ¶tI) Sr *su 0

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