APPA CEFP SECTION 2 QUESTIONS AND ANSWERS

Capital Renewal/Replacement - CORRECT ANSWER"A systematic management process of

planning and budgeting for known future cyclical repair and replacement requirements that extend the

life retain the usable condition of facilities and systems, not normally contained in the annual operating

budget. Includes major activities that have a maintenance cycle in excess of one year (e.g., replace roofs,

paint buildings, resurface roads)."
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