Word: audits
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Dates: during 1970-1979
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Rodent Enriched. The Department of Agriculture has much to answer for. According to a report written by the department's Office of Audit in 1973 and made public last week, the department's Grain Division once held back a plan to determine uniformity in export shiploads because of the objections of a single trade organization, whose members included large exporting companies. In addition, the report said grain inspectors often failed to notify the Food and Drug Administration of "deleterious substances" in grain destined for human consumption. Among them: poisonous mercury-treated kernels, rodent excreta and insect-damaged kernels...
After the report came out, Epps appointed a special committee to investigate the matter and then put the organization under a set of strictures unprecedented for a Harvard undergraduate organization, including an annual administration audit of its finances and a graduate secretary who will co-sign vouchers in the future...
Last week in Brussels, the Common Market Commission proposed a statute that could, among other things, result in many firms in the nine-nation Community being governed by supervisory boards representing shareholders, labor and management. In Sweden, worker groups have already won the right to audit company books. In The Netherlands, major employers are required by law to consult a workers' council before closing even an unprofitable plant. In Norway, workers may decide among themselves if they want board representation, then elect up to a third of a company's directors...
...that the agency automatically grants a two-month extension of the filing deadline to anyone who asks for it (though the taxpayer must pay his estimated tax liability by April 15). Alexander has further simplified the language of this year's Form 1040, inserted in all notices of audit an announcement that the taxpayer has the right to appeal the auditor's judgment, and published a brochure informing taxpayers of arrangements that they can make to pay off back taxes gradually rather than cough up at once or have their property seized...
...have anything to hide or anything to fear," said a spokesman for Soul City, N.C. His confident declaration was in answer to a recent call by two members of Congress for a Government audit and investigation of the federally assisted "new town." Developers of the community, led by former CORE Director Floyd McKissick, may indeed have nothing to hide-although critics question how some $5 million in federal funds have been used on the project. But Soul City, which now consists of a few roads, some mobile homes and a nearly completed industrial building on a 5,180-acre tract...