{"product_id":"inventory-management-air-force-inventory-accuracy-problems-nsiad-88-133-9781289257217","title":"Inventory Management: Air Force Inventory Accuracy Problems: Nsiad-88-133","description":"\u003cp\u003e • Author(s): U. S. Government Accountability Office (\u003cbr\u003e • Publisher: Bibliogov\u003cbr\u003e • Publisher Imprint: Bibliogov\u003cbr\u003e • BISAC: General\u003c\/p\u003e\u003cp\u003ePursuant to a congressional request, GAO evaluated the Air Force's: (1) physical inventory procedures to determine their accuracy and completeness; (2) research into differences between inventory counts and records; and (3) physical security over inventory. \u003cbr\u003e GAO found that, although the Air Force has implemented a variety of policies and practices that have improved the Air Force Logistics Command's (AFLC) inventory management and accuracy, it: (1) cited inventory management controls as a material weakness in its fiscal year 1986 Federal Managers' Financial Integrity Act (FMFIA) report; (2) adopted a new physical inventory statistical sampling approach which may have overstated inventory accuracy, since it assumed that zero-balance item records with no storage location were correct; (3) adopted, without specific Department of Defense (DOD) authority or sufficient support, a policy for researching and adjusting potential inventory variances; (4) continues to experience problems in conducting adequate causative research into the differences between physical inventory counts and its records; (5) did not routinely conduct trend analysis of causative research at air logistics centers; and (6) allowed privately owned and contractor vehicles to park adjacent to warehouse facilities.\u003c\/p\u003e","brand":"Bibliogov","offers":[{"title":"Paperback","offer_id":45149220110487,"sku":"9781289257217","price":1225.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781289257217.webp?v=1767295131","url":"https:\/\/atlanticbooks.com\/products\/inventory-management-air-force-inventory-accuracy-problems-nsiad-88-133-9781289257217","provider":"Atlantic Books","version":"1.0","type":"link"}