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REVOLVING FUNDS | Up
Religious Program Specialist 3 & 2, Module 02 Logistic Support and Financial Control | Next
NAVY STOCK FUND OPERATION |
items which are “charged”
NSF.
Figure II-3-3.—Navy Stock Fund (NSF) in Operation.
or “credited” to the
NAVY STOCK FUND USE.—The NSF
fulfills its role as a revolving fund by purchasing
designated supplies from commercial sources,
the Defense Logistics Agency (DLA), the
General Services Administration (GSA), and the
Departments of the Army and Air Force. These
supplies may be charged against a specific
appropriation or sold for cash. The NSF is
reimbursed for supplies when they are issued or
sold. While these supplies are being held
(waiting to be sold), they are maintained in the
Navy Stock Account (NSA).
NAVY STOCK ACCOUNT.—The Navy
Stock Account is an inventory account and is an
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