RIK


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AcronymDefinition
RIKRoyalty in Kind
RIKRations in Kind (US Navy)
RIKReplacement in Kind (US DoD)
RIKRungsted Ishockey Klub (Danish: Rungsted Bulldogs; ice hockey; Denmark)
RIKRadio Installation Kit
RIKRencana Induk Kota (Indonesian: City Master Plan)
RIKRemove, Install, Know (harmonic accessing)
References in periodicals archive ?
Recommendation: To improve the Minerals Management Service's oversight of the RIK gas program and help ensure that the nation receives its fair share of RIK gas, the Secretary of the Interior should direct the Minerals Management Service to complete establishing polices and procedures to ensure outstanding imbalances are valued appropriately and that the correct amount of interest is charged.
Recommendation: To improve the Minerals Management Service's oversight of the RIK gas program and help ensure that the nation receives its fair share of RIK gas, the Secretary of the Interior should monitor daily gas imbalances to determine whether the allocation practices of gas operators are resulting in lost revenue to MMS.
Recommendation: To improve the Minerals Management Service's oversight of the RIK gas program and help ensure that the nation receives its fair share of RIK gas, the Secretary of the Interior should audit the operators and imbalance data of a sample of leases taken in kind and, on the basis of the audit findings, establish a risk-based auditing program for the RIK properties.
Recommendation: To improve the Minerals Management Service's oversight of the RIK gas program and help ensure that the nation receives its fair share of RIK gas, the Secretary of the Interior should establish procedures, with reasonable deadlines, for resolving and collecting all RIK gas imbalances in a timely manner.
Recommendation: To improve the Minerals Management Service's oversight of the RIK gas program and help ensure that the nation receives its fair share of RIK gas, the Secretary of the Interior should determine the information system enhancements necessary to effectively identify and resolve gas imbalances and put into practice such a system.
A transaction not repaid using RIK or EVE reverts to a cash-only basis after a year.
If you direct an organization to provide support and are considering RIK or EVE repayment, it is important to ensure that the unit wants and can receive the support being offered in return.
ACSA bookkeeping is complicated by the RIK and EVE options, which provide a commonsense option for rapid logistics support but make for numerous questions when performing accounting due diligence.
ACSA's popularity can be attributed to the comparative lack of red tape, but the flexibility that it allows requires a more experienced execution if the process is to function effectively, particularly when EVE and RIK are involved.
Although data on administrative savings are limited, there are substantial audit savings attributable to RIK sales, but there are no quantified savings in the overall administration of royalty collections.