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Project Identification

Project Identification

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Published by Aditya

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Published by: Aditya on May 15, 2010
Copyright:Attribution Non-commercial

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05/19/2013

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PROJECTCLASSIFICATION,IDENTIFICATION &PROCESS
 
 
 MEANING OF PROJECT 
Project is also known as Capital Investment
or
CapitalExpenditure
or
Capital Project.
Capital Expenditure, from accounting point of view is anexpenditure which is shown as an asset in the balancesheet.
This asset, except in case of non depreciable asset like landis depreciated over its life.
 
 
 SITUATIONS INVOLVING CAPITAL EXPENDITURE DECISIONS 
Insurance Company planning to install a computer system for information processing.
A graduate student planning to buy a bike.

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