Summary

WHEN SUCH LOSS OR DAMAGE CLAIMS ARE LESS THAN $10 AND THE COLLECTION PROCEDURE MIGHT RESULT IN COSTS GREATER THAN THE AMOUNT OF THE CLAIM. IN ACCORDANCE WITH THE AGENCIES' RESPONSIBILITY FOR GOVERNMENT PROPERTY AND SINCE MOST OF THE EVALUATION COSTS ARE INCURRED IN THE DETERMINATION THAT THE LOSS OR DAMAGE AMOUNT IS $10 OR LESS. IS AUTHORIZED AND REQUIRED UNDER 31 U.S.C. 66A (A) TO ESTABLISH AND MAINTAIN SYSTEMS OF ACCOUNTING AND INTERNAL CONTROL DESIGNED AMONG OTHER THINGS TO PROVIDE " (3) EFFECTIVE CONTROL OVER AND ACCOUNTABILITY FOR ALL FUNDS. OTHER ASSETS FOR WHICH THE AGENCY IS RESPONSIBLE * * *.'. RETURNS OF PUBLIC PROPERTY ENTRUSTED TO THE POSSESSION OF OFFICERS AND AGENTS OF THE UNITED STATES ARE NOT FORWARDED TO THE GENERAL ACCOUNTING OFFICE.