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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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