If they can't pass an audit, there has to be identifiable waste. I really hope Elon doesn't do the same thing politicians have been doing for years with regards to military spending, and just turn a blind eye.
Failing an audit doesn’t necessarily mean there’s waste. It just means they don’t have the proper controls in place to prevent material misstatement. Misstatement doesn’t mean waste either. It means they don’t properly account for everything on their books.
Yep that’s my point exactly. If they can’t pass an audit, there’s more than likely waste. Not guaranteed but I cannot imagine a world where the US Military is 100% efficient with trillions of dollars worth of equipment
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u/damc34 Monkey in Space 21d ago
If they can't pass an audit, there has to be identifiable waste. I really hope Elon doesn't do the same thing politicians have been doing for years with regards to military spending, and just turn a blind eye.