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Commodity Credit Corporation: Information on the Availability, Use, and Management of Funds

RCED-98-114 Published: Apr 28, 1998. Publicly Released: Apr 28, 1998.
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Highlights

Pursuant to a congressional request, GAO provided information on how Commodity Credit Corporation (CCC) funds are spent and controlled, focusing on: (1) how much money CCC had available and spent in fiscal years (FY) 1996 and 1997, including the sources of these funds and the programs and activities for which they were used; (2) the management practices used to control CCC funds; (3) whether CCC's funding for administrative purposes fell within relevant statutory funding caps; and (4) whether the programs CCC funded had a statutory basis for using CCC funds.

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Agricultural programsBorrowing authorityBudget administrationBudget outlaysCommodity salesCredit salesFinancial managementFinancial statement auditsInternal controlsInternational trade