When the Defense Department flunked its first-ever fiscal review, one of our government’s greatest mysteries was exposed: Where does the DoD’s $700 billion annual budget go?
A retired Air Force auditor — we’ll call him Andy — tells a story about a thing that happened at Ogden Air Force Base, Utah. Sometime in early 2001, something went wrong with a base inventory order. Andy thinks it was a simple data-entry error. “Someone ordered five of something,” he says, “and it came out as an order for 999,000.” He laughs. “It was probably just something the machine defaulted to. Type in an order for a part the wrong way, and it comes out all frickin’ nines in every field.” Nobody actually delivered a monster load of parts. But the faulty transaction — the paper trail for a phantom inventory adjustment never made — started moving through the Air Force’s maze of internal accounting systems anyway. A junior-level logistics officer caught it before it went out of house. Andy remembers the incident because, as a souvenir, he kept the June 28th, 2001, email that circulated about it in the Air Force accounting world, in which the dollar value of the error was discussed.
Read more .....
WNU Editor: A sobering and must read.
Related Posts :
Worst Jobs Report In U.S. History
Israel Defense Forces Want Grenade Drones In Their Arsenal
China Says That If It Has To Pay For The Coronavirus Pandemic, The U.S. Has To Pay For AIDS, 1918 Spanish Flu
Civilian Satellites Can Track Aircraft Carriers (But It Is Not Easy)
Video Emerges Showing North Korean Leader Kim Jong Un Talking With ‘Body Doubles’ During Missile Test In 2017