B-153509, NOV 20, 1980
Highlights
THE HEAD OF EACH DEPARTMENT AND AGENCY WILL SET HIS OWN LIMIT WITHIN THE $750 MAXIMUM. HE WILL DEMONSTRATE BY COST-BENEFIT ANALYSIS THAT ECONOMIES WILL RESULT BY USE OF THE LIMIT HE SELECTS. WE WILL EVALUATE THE ADEQUACY AND EFFECTIVENESS OF YOUR STATISTICAL SAMPLING PROCEDURES. CHAPTER 5 OF TITLE 3 AND SECTION 23.4 OF TITLE 7 OF THE GENERAL ACCOUNTING OFFICE POLICY AND PROCEDURES MANUAL FOR GUIDANCE OF FEDERAL AGENCIES WILL BE AMENDED ACCORDINGLY.
B-153509, NOV 20, 1980
SUBJECT: STATISTICAL SAMPLING PROCEDURES IN THE EXAMINATION OF DISBURSEMENT VOUCHERS
HEADS OF DEPARTMENTS AND AGENCIES
BASED ON THE AUTHORITY CONTAINED IN TITLE I OF PUBLIC LAW 93-604 APPROVED JANUARY 2, 1975, STATISTICAL SAMPLING PROCEDURES AUTHORIZED BY PUBLIC LAW 88-521 (31 U.S.C. 82-1 (A)) MAY BE USED IN THE PREPAYMENT EXAMINATION OF DISBURSEMENT VOUCHERS FOR AMOUNTS NOT IN EXCESS OF $750.
THE HEAD OF EACH DEPARTMENT AND AGENCY WILL SET HIS OWN LIMIT WITHIN THE $750 MAXIMUM. HE WILL DEMONSTRATE BY COST-BENEFIT ANALYSIS THAT ECONOMIES WILL RESULT BY USE OF THE LIMIT HE SELECTS. IN OUR REVIEWS OF YOUR ACCOUNTING SYSTEMS, WE WILL EVALUATE THE ADEQUACY AND EFFECTIVENESS OF YOUR STATISTICAL SAMPLING PROCEDURES.
CHAPTER 5 OF TITLE 3 AND SECTION 23.4 OF TITLE 7 OF THE GENERAL ACCOUNTING OFFICE POLICY AND PROCEDURES MANUAL FOR GUIDANCE OF FEDERAL AGENCIES WILL BE AMENDED ACCORDINGLY.