Accession Number : ADA292501
Title : Defense Inventory: Information on Fiscal Year 1992 Secondary Item Funding.
Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV
PDF Url : ADA292501
Report Date : 21 NOV 1991
Pagination or Media Count : 7
Abstract : DOD components and defense agencies purchase most of their secondary items from DOD stock funds. The stock funds charge for the items they sell and generally do not require congressional appropriations. The charges include surcharges to cover the cost of operating supply centers. DOD components pay for their purchases with appropriated funds. The components also purchase secondary items from the General Services Administration and other sources. The latest overview report identified expected sales to DOD components but did not break out the amounts and types of commodities each component expected to buy from the stock funds. It also did not identify the appropriations that would fund purchases of secondary inventories. To address concerns regarding insufficient data on inventory purchases in DOD's budget, the Senate amended its version of the National Defense Authorization Act for Fiscal Years 1992 and 1993 to require DOD to maintain records on its annual inventory budgets. The records are to include the amounts (1) proposed for inventory purchases by appropriation account and (2) obligated for inventory purchases during the preceding year by appropriation account.
Descriptors : *COST ANALYSIS, *INVENTORY, *MILITARY BUDGETS, CONGRESS, DEPARTMENT OF DEFENSE, ACQUISITION, DEFENSE SYSTEMS, MONITORING, LOGISTICS MANAGEMENT, COSTS, SUPPLY DEPOTS, PROCUREMENT, SALARIES, NATIONAL DEFENSE, STOCKPILES, COMMODITIES, SENATE, MONEY.
Subject Categories : Administration and Management
Economics and Cost Analysis
Logistics, Military Facilities and Supplies
Government and Political Science
Military Operations, Strategy and Tactics
Distribution Statement : APPROVED FOR PUBLIC RELEASE