40 ISSUES: 13. Equipment/Computers

Items worth over $150.00 for Gernerating Revenue

  • How is the need for machinery and equipment determined?
  • How does the determination tie into company objectives?
  • How are the purchasing decisions made? How much time is spent on those decisions? How much do decisions cost?
  • How is new equipment budgeted for?
  • What are the depreciation options? How will these affect taxes and financial balance?
  • How are repairs and maintenance handled and how are the costs controlled?
  • Are the duties and responsibilities in this area clearly defined and assigned?
  • Do I have policies and procedures in place that will work for me?



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