{ "item_title" : "Financial Management", "item_author" : [" U. S. Government Accountability Office ( "], "item_description" : "GAO evaluated the internal controls at the Army Armament, Munitions, and Chemical Command (AMCCOM), focusing on AMCCOM ability to: (1) account for and control assets used in the production of conventional ammunition; and (2) account for and report the cost of conventional ammunition production. GAO found that: (1) existing AMCCOM systems and procedures do not effectively account for and control ammunition component movements, government furnished material at contractor-owned and -operated facilities, and reconciliations between its records and individual plant inventory records; (2) AMCCOM cannot ensure proper accounting for its ammunition and component parts or promptly detect any loss or theft; (3) plant managers do not always follow procedures and sometimes circumvent systems controls; (4) AMCCOM has no logistics records of government-furnished materials held by contractors; (5) the lack of logistics records and the failure of plants to perform required annual physical inventories make it impossible for AMCCOM to reconcile its records with individual plant records; (6) AMCCOM acknowledges its inventory problems but has not satisfactorily resolved them, and its development project for inventory control will not correct all problems; and (7) the Army's accounting, control, and reporting systems do not provide a reliable basis for determining the total cost of producing conventional ammunition.", "item_img_path" : "https://covers1.booksamillion.com/covers/bam/1/28/925/412/1289254125_b.jpg", "price_data" : { "retail_price" : "15.75", "online_price" : "15.75", "our_price" : "15.75", "club_price" : "15.75", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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