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CED-81-137 1 (1981-08-13)

handle is hein.gao/gaobabcip0001 and id is 1 raw text is: 



BY THE COMPTROLLER GENERAL



Report To The Congress

OF THE UNITED STATES


Review Of Financial Statements

Of Commodity Credit Corporation


GAO has noted certain departures from gener-
ally accepted accounting principles in the
financial statements of the Commodity Credit
Corportation for the fiscal year ended Septem-
ber 30, 1980. Because of these departures and
because its review was limited principally to
inquiries of Corporation personnel and analyt-
ical procedures applied to financial data, GAO
is expressing no opinion on the Corporation's
financial statements.
The Corporation reported a loss of $2.3 billion
for fiscal year 1980. This loss, reimbursable
through appropriations, was $1 billion less than
the $3.3 billion loss reported for fiscal year
1979.


    CED1-137
AUGUST 13, 1981


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