Government Payments: Potential for Fraud : Hearing Before the Subcommittee on Energy, Nuclear Proliferation, and Government Processes of the Committee on Governmental Affairs, United States Senate, Ninety-seventh Congress, Second Session, December 13, 1982 |
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Common terms and phrases
AGRICULTURE MISCELLANEOUS PAYMENT AMOUNT 11 annuity AUDITED authority vested automated BLANK OR CR BOWSHER Bureau Certifying Officer CHECK IDENTIFICATION INFORMATION CLYDE G CRONIN DATE TOTAL debt collection DEPARTMENT OF AGRICULTURE DISBURSEMENT OF DEPARTMENT discounts DIVISION OF DISBURSEMENT DOLLARS CTS ENCLOSED CARD NOTICE ENDORSER REQUIRE IDENTIFICATION FISCAL SERVICE DIVISION FOREIGN COUNTRY CODE fraud GAO regional HOURS OR FUND IDENTIFICATION INFORMATION I.E. IDENTIFICATION TREASURY FISCAL identified implemented internal control internal control systems KANSAS Check KANSAS CITY KNOW YOUR ENDORSER late payments LINE ADDRESS 30 MANAGEMENT CODE match McSHAN ment million MISCELLANEOUS PAYMENT SYSTEM MONTH DAY MUTILATE KNOW National Finance Center NFC's NOTICE NOT NEGOTIABLE ORDER NUMBER overpayments PAYEE NAME problems procedures purchase order recommendations RECORDING CHECK IDENTIFICATION REGIONAL DISBURSING OFFICER REQUIRE IDENTIFICATION TREASURY savings bond Senator COHEN Senator PERCY signature SPINDLE OR MUTILATE TREASURY FISCAL SERVICE United States Treasury USDA verification vouchers WEST 26TH ST ZIP CODE
Popular passages
Page 89 - The accounting systems of executive agencies shall conform to the principles, standards, and related requirements prescribed by the Comptroller General pursuant to section 112 (a) of this part.
Page 57 - ... for any enterprise, including Federal agencies, is to promptly bill for and collect amounts due. To be effective, agency debt collection programs must be comprehensive, aggressive, and uniformly applied. The Joint Standards provide specific guidelines for collection action on accounts receivable. Heads of Federal agencies or their designees are required to take prompt and aggressive action to collect accounts receivable due the Government. Appropriate written demands are to be made upon debtors,...
Page 89 - By December 31, 1983, and by December 31 of each succeeding year, the head of each executive agency shall, on the basis of an evaluation...
Page 74 - Center (NFC) is designed to expedite current payments. Thus, interest costs associated with early payments may well increase in the future as the administrative time required to execute appropriate paperwork decreases due to use of sophisticated EDP techniques. This, of course, could be avoided by policy decisions which would call for changed scheduling of payments.
Page 10 - Although OPM has recovered a substantial portion of these overpayments, it might have avoided some of the overpayments if better controls had been used to prevent dual payments and promptly identify deceased beneficiaries.
Page 57 - CFR l01-l05), administrative agencies are primarily responsible for collecting claims arising out of their activities. A basic tenet of good business practice for any enterprise, including Federal agencies, is to promptly bill for and collect amounts due. To be effective, agency debt collection programs must be comprehensive, aggressive, and uniformly applied. The Joint Standards provide specific guidelines for collection...
Page 57 - The amount of overpayments being made by 0PM to recipients of retirement, survivor, and disability benefits is high and constantly rising. The ultimate remedy is, of course, to stop making overpayments. But given certain changes in benefit status, such as death, there will always be some overpayments.
Page 51 - The Bureau of Public Debt Should Better Control Savings Bond Sales and Redemptions...
Page 38 - I would have to get that information for the record. [The information follows...
Page 40 - Center. It is a pleasure to appear before this Committee to present testimony on Internal Controls over Payment Systems operated by the National Finance Center.