Word: auditive
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...opposition has sliced away one-third of the U.M.W. appropriation for organizing and political action. Trbo-vich's charge that money is being misspent touched off a five-month audit of U.M.W. books by the Department of Labor. Though it is unfinished, the audit, according to department sources, should give the union a clean bill of health. The allegations, though, are one reason that the U.M.W. lost a recent organizing drive in Bell County, Ky. Says Miller...
...difficulties. Pol-e-chah (tea money or bribes and kickbacks) has traditionally added 10% to 15% to the cost of doing business. Now the tab has jumped. A group of Iranian air force officers are awaiting questioning about the building of a $100 million airstrip. According to a government audit, only one-third of the money actually went into construction...
Hughes was fortunate too. Under both the Johnson and Nixon Administrations, he received kid-glove treatment. Not until 1971 did the IRS subject the Hughes holdings to an overall audit; the results of that audit have been kept secret. The Hughes Medical Institute has continued to enjoy tax-exempt status though its small volume of contributions does not meet IRS regulations for tax exemption. When Hughes in 1970 was faced with an antitrust complaint for attempting to buy another hotel in Las Vegas, former Attorney General John Mitchell personally intervened on his behalf...
...Internal Revenue Service, which regards as unlawful any tax deductions taken by companies for money passed out in foreign bribes, is pushing a "large case audit" program against companies with more than $250 million or so in assets. In about 35 cases, according to IRS Commissioner Donald Alexander, "we have special agents involved"-meaning that the IRS scents possible criminal tax fraud...
...absurd for Harvard Delivery to plan to leave the question of reimbursing subscribers to the results of a year-end audit. Unless it plans to declare bankruptcy, the service should move immediately to rebate students the full cost of undelivered papers...