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Friday, November 24, 2006

GAO: DOD business practices risky

WASHINGTON, Nov. 24 (UPI) -- One of the most important tasks in the next session of U.S. Congress is to oversee the Pentagon's business operations, the Government Accountability Office said.

The GAO has identified 26 federal programs or activities that are at risk for waste, fraud and abuse because of lax oversight. Eight of them are in the Defense Department and six are programs for which the DOD bears some responsibility.

The high-risk areas include DOD's overall management approach to business transformation, business systems modernization, financial management, the personnel security clearance process, supply chain management, support infrastructure management, weapon systems acquisition, and contract management, according to the report.

-UPI

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