Looking ahead
Your required level of capital spending will become apparent as you work through your general forecasting, estimating and budgeting exercises, and your business and project planning. Basically, you are going to say ‘I want to do XYZ, how will I do it?’ By the time that you have decided how to do XYZ, you will know what capital assets you need to acquire, if any. When you know what you need to buy, you can account for it as already described in this chapter. An example is shown in Fig. 11.5.
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