Indicate Whether Each of the Following Items Normally Would Be

question 2

Essay

Indicate whether each of the following items normally would be considered a capital expenditure (C) or a revenue expenditure (R).
_____ 1. Oil change for company vehicle
_____ 2. Replacement of a few roof shingles
_____ 3. Cost to overhaul the heating system
_____ 4. Battery replacement for company vehicle
_____ 5. Painting factory walls
_____ 6. Installation of expensive paneling in executive offices

---

Definitions:

Strategy

The formulation of organizational objectives, scopes, and action plans for gaining advantage.

Objectives

Goals or outcomes that an organization or individual aims to achieve within a specified timeframe.

Strategic Planning

The process of defining an organization's strategy or direction, and making decisions on allocating its resources to pursue this strategy.

Organizational Performance

This measures how efficiently and effectively an organization achieves its goals and objectives.