Defense Management: Need to Fully Recognize Ammunition Demilitarization Liability
Description:
Correspondence issued by the General Accounting Office with an abstract that begins "Last year, GAO reported that the demilitarization liability for excess ammunition was not reflected in the Department of Defense's (DOD) financial statements although required by federal financial accounting standards. The Army, as the single manager for conventional ammunition, calculated a liability of $1.2 billion and prepared a voucher recognizing this amount. Although consistent with GAO's recommendation t…
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Date:
April 5, 2002
Creator:
United States. General Accounting Office.
Item Type:
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Partner:
UNT Libraries Government Documents Department