Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 14 - Aeronautics and Space |
Chapter II - Office of the Secretary, Department of Transportation (Aviation Proceedings) |
SubChapter A - Economic Regulations |
Part 241 - Uniform System of Accounts and Reports for Large Certificated Air Carriers |
Transport Expenses |
§ 241.34 - Purchasing Personnel.
Latest version.
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(a) Record here the compensation, including vacation and sick leave pay, of personnel, including direct supervisory personnel, engaged in purchasing activities.
(b) This account shall include compensation of personnel engaged in maintaining purchasing records but shall not include compensation of personnel responsible for the control of inventories or stores which shall be included in objective account 31 Record Keeping and Statistical Personnel. In cases where the responsibility for maintaining purchasing and stores rec-ords are inseparable, the related compensation may be accounted for in accordance with dominant responsibilities.