Initiatives to Improve Free Asset Management
LCD-77-416
Published: Feb 28, 1977. Publicly Released: Feb 28, 1977.
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Highlights
The Department of Defense (DOD) generates funds by selling equipment which is not required to be replaced in DOD inventory. Receipts from these sales are called free assets. DOD has taken corrective actions to improve its management of free assets.
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Topics
Cost accountingDefense procurementFinancial managementForeign military salesInternational tradeNaval suppliesTangible assetsMilitary forcesAsset managementInventory