accountants must define categories of expenditures.
by donny c. shimamoto, cpa.citp
intraprisetechknowlogies
if you think the brainiacs in the it department are going to tell you how to divvy up their budget into capital and operating expenditures, you’re in for a surprise, and not necessarily a good one. it people are smart, but they aren’t accounting smart, which, as we all know, is a very special kind of smart.