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![handle is hein.gao/gaobacxqv0001 and id is 1 raw text is:
DOCUMENT RESUME
05954 - [B1366374]
[Inventories of Gold and Other Assets at Fort Knox and the
Denver mint]. may 5, 1978. 3 pp.
Report to Stella B. Backel, Director, Bureau of the mint; by
David P. Sorando, Regional manager, Field Operations Div.:
Regional Office (Vashington).
Contact: Field Operations Div.: Regional Office (Washington).
Organization concerned: Department of the Treasury: Bureau of
Government Financial Operations.
As part of an examination of the financial statements
of the Bureau of Government Financial Operations, the physical
inventcries of gold and other assets at Fort Knox and the Denver
fint and the settlement of accounts at the Denver mint were
observed. Continuing audits of U.S.-owned gold at the Fort Knox
depository and the Denver lint were properly carried out.
control over the physical inventory of gold was adequate, and
the quality of the gold was fairly stated. The 1977 annual
settlement at the Denver Hint went according to instructions
although the dint has no standards to use in determining whether
surplus and waste were reasonable. The Bureau of the fint should
develop crieria to evaluate the reasonableness of waste and
surplus in the coinage metal accounts. (RRS)](ViewImageLocal?handle=hein.gao/gaobacxqv0001&div=1&collection=&method=preview&ext=.png&size=3)