{"product_id":"budget-object-classification-u-s-government-accountability-office-9781287167556","title":"Budget Object Classification: Origins and Recent Trends: AIMD-94-147","description":"Pursuant to a congressional request, GAO provided information on budget object classifications, focusing on: (1) their origins, development, and use; (2) present historical trend data; and (3) actual and proposed uses of object class data to reduce federal administrative expenses. \u003cbr\u003e \u003cbr\u003e GAO found that: (1) budget object classification defines budget outlays by the personal and contractual services obtained, capital assets acquired, and other charges and payments made by the government; (2) object classes do not give precise information about services or equipment purchases, since an outlay could properly be recorded in any one of several classes; (3) object classification grew out of a voucher-based accounting system in an effort to control executive branch spending; (4) as the federal budget became more complex, object classification gave way to performance-based budgeting and became a supplementary means to provide budget information; (5) during fiscal years 1972 through 1993, object classes mirrored other budget trends such as interest costs and transfer payments which represented an increased share of the budget; (6) in 1993, the Administration and Congress sought to reduce administrative costs by reducing obligations for certain administrative object classes, but the object classes did not distinguish between administrative and program costs; and (7) the object classes targeted for reduction have experienced very low or negative annual growth rates since 1976.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e U. S. Government Accountability Office (\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1287167551\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781287167556\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Bibliogov\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/16\/2013\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 82\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.36lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.69h x 7.44w x 0.17d","brand":"U. S. Government Accountability Office (","offers":[{"title":"Paperback","offer_id":48872988213503,"sku":"9781287167556","price":17.75,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/budget-object-classification-u-s-government-accountability-office-9781287167556","provider":"WR Book House","version":"1.0","type":"link"}