Postal Service: 1992 Olympic Sponsorship--Profit or Loss Is Unknown
GGD-93-89
Published: Jul 23, 1993. Publicly Released: Jul 23, 1993.
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Highlights
Pursuant to a congressional request, GAO reviewed the U.S. Postal Service's (USPS) sponsorship of the 1992 Olympic Games, focusing on whether the Service accurately disclosed the revenues and costs of its Olympic sponsorship.
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Advertising costsFederal agency accounting systemsFinancial disclosureGovernment sponsored enterprisesLicense agreementsOff-budget federal entity receiptsPostal servicePostal service contractsPrivate sectorProfits