DEFENSE BUDGET
Actions Needed to Improve the Management of Foreign Currency Funds
Business & Finance, Accounting, Governmental
| Author: | Hugues Dumont | ISBN: | 1230002250571 |
| Publisher: | Hugues DUMONT | Publication: | April 3, 2018 |
| Imprint: | Language: | English |
| Author: | Hugues Dumont |
| ISBN: | 1230002250571 |
| Publisher: | Hugues DUMONT |
| Publication: | April 3, 2018 |
| Imprint: | |
| Language: | English |
DOD requested about $60 billion for fiscal years 2009 - 2017 to purchase goods and services overseas and reimburse service-members for costs incurred while stationed abroad. DOD uses foreign currency exchange rates to budget and pay (that is, disburse amounts) for these expenses. It also manages the FCFD account to mitigate a loss in buying power that results from foreign currency rate changes...
DOD requested about $60 billion for fiscal years 2009 - 2017 to purchase goods and services overseas and reimburse service-members for costs incurred while stationed abroad. DOD uses foreign currency exchange rates to budget and pay (that is, disburse amounts) for these expenses. It also manages the FCFD account to mitigate a loss in buying power that results from foreign currency rate changes...
