Saturday, June 2, 2018

Tools & Building Materials Quiz

A quiz based on the prior post:

https://optimise-performance.blogspot.com/2021/08/tools-building-materials.html

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A few interesting examples, it can be blurry sometimes ~ test yourself 
- cover the answer up before looking! 

Tools or Building Material Quiz

Q: Scissors
A: Tools 

Q: Garbage Bags (Disposable)
A: Building Material
Note: This is a fairly common situation, other non - disposable bags may count as Tools  

Q: Chemicals
A: Building Material especially if they are in disposable containers

Q: Spray Bottle (non-disposable)
A: Tool

Q: Screws & their containers
A: Building Material

Q: Nails & their containers
A: Building Material

Q: Wood Biscuits
A: Building Material

Q: Scaffolding
A: Tools

Q: Sprinklers & Sprinkler Systems
A: Could be either!

Q: Bollards & Witches Hats
A: Tools

Q: Bunting
A: Tools
Note: Depreciates (Write-off) quite quickly


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(Many) Implications:
 
  • (Importantly) - both Tools & Building Materials could be either Personal or Organisation owned
    • If they are Personal record in your personal Financials 
  • You don't want to dig through a whole bunch of plastic bags before looking for scissors etc ...
  • Don't waste precious space in your tool box holding screws, nails etc as well astheir packaging!
  • Generally Building Materials take up much, much more space etc ... and hence their storage cost needs to be accounted for

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