Uniform Cost-accounting System: Hearings Before the Committee on Expenditures in the Executive Departments, House of Representatives, Seventy-third Congress, Seond Session, on H.R. 6038. To Provide for the Establishment and Maintenance of a Standard System of Cost Accounting and Cost Reports for the Executive Departments of the United States |
Common terms and phrases
accounting system administration Admiral agency ALIFAS appropriation Army arsenals Bethlehem Shipbuilding Corporation bids bill BLANCHARD Boston Navy Yard Brigadier General TSCHAPPAT Budget building bureau CHAIRMAN charge chart of accounts Colonel BIRDSEYE competition with private Comptroller Congress construction contract Corporation cost accounting cost-accounting system cruisers DENIT depreciation EMERY equipment establishment estimate Executive Departments expense fact factors GIFFORD Government GRISWOLD HOLLISTER installed interest on investment letter Major RILEY manufacturing maps McCARL ment MIHILLS Navy Department navy yards Office operation percent PETTENGILL plant present printing private contractor private enterprise private industry private shipyards purpose question record repair represent RICH ROBERTSON Rock Island Arsenal Secretary Shannon committee Shipbuilding ships SMITH statement system of accounting system of cost taxes things tion United various departments vessels War Department Washington Washington Navy Yard WHITTINGTON York Navy Yard
Popular passages
Page 109 - SEC. 9. (a) The board shall file with the President and with the Congress, in December of each year, a financial statement and a complete report as to the business of the Corporation covering the preceding governmental fiscal year. This report shall include an itemized statement of the cost of power at each power station, the total number of employees and the names, salaries, and duties of those receiving compensation at the rate of more than $1,500 a year.
Page 115 - ... (a) To make a report, as hereinafter described, under oath, to the Secretary of the Navy upon the completion of the contract. (b) To pay into the Treasury profit, as hereinafter provided shall be determined by the Treasury Department, in excess of 10 per centum of the total contract...
Page 115 - States may be collected; (3) to make no subdivisions of any contract or subcontract for the same article or articles for the purpose of evading the provisions of this...
Page 154 - The President may cause to be sold any military stores which, upon proper inspection or survey, appear to be damaged, or unsuitable for public service. Such inspection or survey shall be made by officers designated by the Secretary of War, and the sales shall be made under regulations prescribed by him.
Page 115 - Provided, That no contract shall be made by the Secretary of the Navy for the construction and/or manufacture of any complete naval vessel or aircraft, or any portion thereof...
Page 115 - That the manufacturing spaces and books of its own plant, affiliates, and subdivisions shall at all times be subject to inspection and audit by any person designated by the Secretary of the Navy, the Secretary of the Treasury, and/or by a duly authorized committee of Congress. (e) To make no subcontract unless the subcontractor agrees to the foregoing conditions.
Page 115 - That If such amount is not voluntarily paid the Secretary of the Treasury may collect the same under the usual methods employed under the internal revenue laws to collect Federal income taxes.
Page 90 - Cost accounting. It is the judgment of -this Industry that an accurate knowledge of cost Is indispensable to intelligent and fair competition, and the adoption of accurate methods of cost finding and estimating Is recommended by the Industry.
Page 135 - The function of determination of policies and methods of procurement, warehousing, and distribution of property, facilities, structures, improvements, machinery, equipment, stores, and supplies exercised by any agency is transferred to a Procurement Division in the Treasury Department, at the head of which shall be a Director of Procurement.
Page 152 - ... corporation, or any other department of the Government, or to any foreign State or Government, engaged in war against any Government with which the United States is at war, any war supplies, material and equipment, and any by-products thereof, and any building, plant, or factory, acquired since April sixth, nineteen hundred and seventeen, including the lands upon which the plant or factory may be situated, for the production of such war supplies, materials, and equipment which, during the emergency...