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capital asset acquisition decisions -- which need attention?

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What are some reasons that capital asset acquisition decisions receive particular attention?

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Solution Summary

Your response is 307 words and gives two main reasons that capital asset purchases get lots of attention. It explains in everyday language, suitable for a novice, and gives some examples so that you will understand this clearly.

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Capital assets acquisition decisions receive particular attention because of two main reasons, the size of the purchases and the length of the commitment.

Capital assets receive attention, generally in the form of lengthy approval processes to get authorization to buy a capital asset because these assets are more expensive than the general operating expenses and supplies used in day-to-day operations. These assets are usually property, equipment, buildings, contract rights, software or leasehold improvement ...

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