Cash and Investment Management of Department of Defense Nonappropriated Funds Need To Be Improved

FPCD-78-15 Published: Jan 19, 1978. Publicly Released: Jan 19, 1978.
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The Department of Defense (DOD) supplements the cost of morale, welfare, and recreation (MWR) programs with nonappropriated funds. These programs generate approximately $5 billion in receipts each year which are managed by central offices in each military department. As of June 30, 1977, central funds had investments totaling approximately $813 million.

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