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Diane Publishing Books
Financial Management: Strong Leadership Needed to Improve Army’s Financial Accountability
. For FY 1992, the U.S. Army’s annual appropriations totaled about $72 billion & its noncash assets were reportedly valued at $292 billion. The Army’s financial accountability for billions of dollars of resources is seriously impaired by weaknesses in systems that account for & report its disbursements, inadequate controls over automated data processing of financial & logistics information, & limited progress in DoD-wide efforts to improve financial management. Charts & tables.
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