Property And Supply Bureau, Department of Administration : Performance Audit 1987
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SURPLUS PROPERTY INVENTORY TURNOVER The surplus property section is responsible for the disposition of surplus property on a timely basis. This includes timely disposition of property from its own surplus property warehouse inventory.
We reviewed the turnover of surplus property in the bureau's surplus property warehouse. We determined there was a disproportionate number of surplus property items (72% of total) which had been in the warehouse inven- tory over 180 days with an approximate total ...value of only $19,000 (5% of total value).
26 AGING OF BUREAU SURPLUS PROPERTY INVENTORY Item % of Total Number % of Total Ape Amount $ 19,609 Value of items 3,021 Items Over 180 days 5% 72% 91-180 68,472 17% 351 8% 61-90 38,838 10% 79 2% 31-60 43,347 11% 291 7% 30 or less 226.420 57% 467 11% Total $396,686 100% 4,209 100% Source: Comi jiled the Office of the Leg islative Auditc )r from bur records Illustration 14 Although the bureau has an aging system that provides information on the status/make-up of its current surplus property inventory, it does not have a formal system that periodically discounts the selling price of slow moving items or results in other means of disposal.
What to read after Property And Supply Bureau, Department of Administration : Performance Audit 1987?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Office of the Legislative Auditor to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
SURPLUS PROPERTY INVENTORY TURNOVER The surplus property section is responsible for the disposition of surplus property on a timely basis. This includes timely disposition of property from its own surplus property warehouse inventory.
We reviewed the turnover of surplus property in the bureau's surplus property warehouse. We determined there was a disproportionate number of surplus property items (72% of total) which had been in the warehouse inven- tory over 180 days with an approximate total ...value of only $19,000 (5% of total value).
26 AGING OF BUREAU SURPLUS PROPERTY INVENTORY Item % of Total Number % of Total Ape Amount $ 19,609 Value of items 3,021 Items Over 180 days 5% 72% 91-180 68,472 17% 351 8% 61-90 38,838 10% 79 2% 31-60 43,347 11% 291 7% 30 or less 226.420 57% 467 11% Total $396,686 100% 4,209 100% Source: Comi jiled the Office of the Leg islative Auditc )r from bur records Illustration 14 Although the bureau has an aging system that provides information on the status/make-up of its current surplus property inventory, it does not have a formal system that periodically discounts the selling price of slow moving items or results in other means of disposal.
What to read after Property And Supply Bureau, Department of Administration : Performance Audit 1987?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Office of the Legislative Auditor to read onlineMoreLess
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