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1. What is the primary difference between CapEx and OpEx?
CapEx is all project expenses and OpEx are all non-project expenses.
CapEx is project expenses associated with purchasing capital or fixed assets. OpEx is all of the other operating expenses that are not either CapEx or COGS. OpEx are what is used to run and sustain normal business operations.
CapEx is the budget for expenses and OpEx is what actually occurred.
2. In which category of expense are most of the costs for HR and IT normally included?
IT and HR are CapEx.
The overhead category of OpEx.
The fixed cost category of OpEx.
3. When budgeting the COGS accounts, what is used as the primary reference for the timing of COGS transactions?
The Bill of Material and labor standards.
The project Gantt chart for the product development project.
The Sales Plan.
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