NASA Procedural Requirements

NPR 9250.1B Effective Date: January 06, 2011 Expiration Date: January 06, 2016

Subject: Property, Plant, and Equipment and Operating Materials and Supplies

Responsible Office: Office of the Chief Financial Officer

Chapter 8. Operating Materials and Supplies

8.1 Overview

8.1.1 This chapter prescribes accounting policies for materials and supplies acquired by NASA for use in its R&D projects and other operations. NASA follows the purchases method of accounting for its Operating Materials and Supplies (OM&S). The purchases method provides that OM&S be expensed when purchased.

8.2 Roles and Responsibilities

Center CFOs shall ensure that adequate financial controls are in place to ensure that the financial records and reports appropriately account for the cost of OM&S as period expenses.

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