Identify a capital budget item that you will use

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Question: Identify a capital budget item that you will use as the basis of your capital budget proposal. Keep in mind that the premise of a capital budget item is one that costs over $5,000 and has an estimated useful life of five years.

Prompt

Identify a capital budget asset or expenditure that you will use for your department's proposal and provide a rationale that analyzes the benefits to the organization. Discuss how the purchase could generate revenue or result in increased efficiency or cost savings for your organization.

Examples:

Purchase of a transport van to assist patients in reaching their appointments

Purchase of a vehicle for healthcare providers to drive to multiple off-site clinics

Purchase of a shuttle van for assisting patients to and from the parking lot

Purchase of an additional IT server to support the new home monitoring program

Purchase of a generator and refrigerator/freezer monitoring system for the clinic to ensure expensive vaccines are maintained at appropriate refrigeration temperatures

Reference no: EM133744424

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