Would that be a breakdown in internal control, in your eyes as a CPA, and somebody who worked for Pricewaterhouse in a global firm, would that be a breakdown in internal control if the CEO could actually make decisions like that without anyone else overriding it?
Renacci questions the CFO about potential breakdowns in internal controls.
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If you cut 25 percent, you would basically have to gut our military and gut every bit of discretionary spending, because the 70 percent is on autopilot.
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It is our responsibility to ensure that our constituents' hard-earned dollars are being properly spent.
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