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B-169144 1 (1970-05-01)

handle is hein.gao/gaobabktb0001 and id is 1 raw text is: gnLCTE ___ HotTE to Fe reesed ou sd athe GnralD th~e of:t apcr k aproa 4~ .. /q/A by te Cl' -C; R.enwy WMAkeq a K cK U0Mahs kept ~ byf theDsilr h ~ t BB~anch, Oiu; COMPTROLLER GIENERAL OF TH E U~aTEq STATCS0 WVASI[NOTCH. ID.C. MZJ4O RELEASED JC / 44,4 MU-EASED //I4//lIi //ll IiMAY request of Fbruary 17 1970c of the Di trict of Coltumbia exbent that tns discoents area reotan* iseds o ou In the Mest~it there ae over 50 dopertmnts or agencies that ordar and/or r ive goods or enrvices. After delivery has been maf# the depsrtasm or ageny reeiving the goods or services veol- Eia the quality and quantity of goods or services received and pr - pares the payment vueher The vouoher is then Bent to 'the Finance Offlice, Department of Fince and Revenva, whee an audit of the asher is mde bore it is certified for payent. An official in the Flace Office infoWd vs that it was the re maina lity of the dep t prepaing the voucher to record the applicable discount t s ad that the Fi ce Office, as pa't of its au tv verifies the dicoun terms gainst the ter of the oan tract and/or the invoiceO A monthly report is prepared by the Finance 09fice showing only the amunt of t discounts realized. A Dis.t official informed us that the vouchers paid in Febirru. ar 1970 were co ed typical of the Di iat a nonthly activity. Thus, we a ned all vouchers paid duriMng ebi ary and, for 'those voudhere shioh indicated that dicounts were offered, ve opa,-ed the amon of the discont per thete stated on te vouher with the aunt of the discout then. is e~zination covered about 119490 vo0chrs a oavd that disoauts totaling $24p935 were offered on 1,469 voucher, We found that the District took the 4isoun' on 972 m -hers (66 percent) a realized $21475 (85 percent) of the diecounts offered. Thus, this test shwn that the District lost $3,760 in discaus on vodsheos paid duing Fehimy 1970. It is aighificant to point out that of the remaining 4,97 vonh on Which the dise ts vare not taken, 182 were, agoord to the date Cth auda ymi WAYth the discoaunt peeleod. h dsounts los athose voucher amonte to Q1453 or 1bmu 44 peent of the wanunt Ice, on vmtere paid dlnir the flt JAsom, we found Itat 123 vouahu £w war pai 5elt 13dq Vl the discount Iod TU Fisnuntl4 ajcblot ,Ums inahis Wd d to $741. 71 2Z

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