Take the following as truth: The program was initiated in 1948 by the Secretary of the Treasury, the Director of the Bureau of the Budget (now OMB), and the Comptroller General and was given statutory authorization in the Budget and Accounting Procedures Act of 1950.
Then the following statement: "The program was officially authorized in 1950 after being initiated by several organization heads." is true, false, or inconclusive?
Answer: True