Ordinary Repairs

question 1

Multiple Choice

Ordinary repairs:

• A) Are expenditures to keep an asset in normal operating condition.
• B) Are necessary if an asset is to perform to expectations over its useful life.
• C) Are treated as expenses.
• D) Include cleaning, lubricating, and normal adjusting.
• E) All of these.

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Definitions:

Dead-End Job

A job with little to no prospect for career growth or advancement.

Qualified Workforce

Personnel that possess the necessary skills, education, and experience required to perform the tasks of their respective jobs effectively.

Manager

An individual responsible for directing, controlling, and administering a group, project, or organization.

Maintaining

The process of keeping something in a condition of efficiency or preservation through continual repair or care.