Annual Report of the Postmaster General: Hearing Before the Subcommittee on Post Office, and Civil Service of the Committee on Governmental Affairs, United States Senate, One Hundred Fourth Congress, First Session, August 2, 1995, Volume 1 |
Other editions - View all
Common terms and phrases
1993 Comprehensive Statement agreement annual annuitant automation award bar code bar code sorters barcoded billion pieces Board of Governors centers Chairman COLAS compensation continue contract costs COUGHLIN CSRS customer satisfaction Customer Service District Diversity Development electronic equipment expenses expiring in December Express Mail Family federal First-Class Mail fiscal year 1993 flat mail Flexible Spending Account Fund health benefits implemented improve increase international mail Letter Carriers mail processing mail volume mailers Marvin Runyon million in fiscal National November 20 OBRA parcel payable payments percent Post Office postal employees postal facilities Postal Operations Postal Rate Commission Postal Reorganization Act Postmaster Priority Mail purchasing recess appointment responsibility restructuring retirement revenue forgone rural Senator PRYOR Senator STEVENS September 30 serve Service's Statement on Postal third-class mail tion U.S. Government U.S. Postal Service Union United States Postal vehicles Vice President
Popular passages
Page 63 - Our responsibility is to express an opinion oh these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and...
Page 63 - ... statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred...
Page 63 - In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the...
Page 63 - Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.
Page 6 - ... best from them is the task of managers, the job of the PMG and his subordinates. My knowledge of this area is limited, but I have observed a disjunction between reality and wish in the other two areas of the PMG's trilogy of woes.
Page 80 - ... title, throughout the world, written and printed matter, parcels, and like materials and provide such other services incidental thereto as it finds appropriate to its functions and in the public interest. The Postal Service shall serve as nearly as practicable the entire population of the United States.
Page 35 - If you wish to discuss any of these comments, my staff is available at your convenience.
Page 63 - FINANCIAL STATEMENTS 7. CONTINGENCIES Several equal employment opportunity, employee compensation and postal rate class action lawsuits are pending against the Postal Service. In addition, there are certain pending suits and claims resulting from traffic accidents involving postal vehicles and injuries on postal properties, suits involving personal claims and property damages, and suits and claims arising out of postal contracts. — In the opinion of management and General Counsel, adequate provision...
Page 58 - Current portion of long-term debt Total current liabilities Long-term debt, less current portion Deferred income taxes Minority interest and other Commitments and contingencies Common equity put options Stockholders...