The Defense Department's Systems of Accounting for the Value of Foreign Military Sales Need Improvement
FGMSD-79-21
Published: Mar 16, 1979. Publicly Released: Mar 22, 1979.
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Highlights
The procedures by which the Department of Defense (DOD) computes the value of foreign military sales agreements and the yearly foreign military sales ceiling were reviewed.
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Accounting errorsAccounting systemsForeign military salesInformation systemsPrices and pricingData errorsForeign salesAccounting recordsFinancial systemsInflation