Which term refers to the procurement of expensive, one-time resources?

• A. Capital Purchases
• B. Needs Analysis Data
• C. Policy Implementation Failure
• D. Legal Familiarity

Answer: (A)

Capital purchases refer to the procurement of expensive, long-lasting resources that are acquired as one-time expenditures. These items are intended for ongoing use and are capitalized on the organization’s balance sheet and depreciated over their useful life, rather than being expensed in a single period. This fits the idea of expensive, one-time resources like vehicles, major equipment, or facility upgrades. Needs analysis data is about identifying what’s needed, not the actual purchase; policy implementation failure describes problems with putting policies into effect; legal familiarity is knowledge of laws. So the term that best matches the description is capital purchases.