What is expendable and non-expendable?
An expendable trust is a trust whose resources, both principal and earnings, may be expended for authorized purposes. A nonexpendable trust is a trust that stipulates that earnings and not the principal may be spent.
What is a non-expendable asset?
Capitalized non-expendable assets are defined as tangible, personal property which is owned, leased, controlled or possessed by an institution and that meet the following criteria: Are not consumed in the normal course of business. Have a unit value of $5,000 or more. Have a useful life that exceeds one year.
What does non-expendable mean?
Definition of nonexpendable : not expendable: such as. a : not able to be easily replaced nonexpendable personnel. b : not normally used up or consumed in service nonexpendable equipment/supplies.
What is non-expendable inventory?
Nonexpendable Supplies means all tangible supplies having an original acquisition cost of over ($100] per unit and a probable useful life of more than one year.
What is expandable item?
Supplies that are consumed in use, such as ammunition, paint, fuel, cleaning and preserving materials, surgical dressings, drugs, medicines, etc., or that lose their identity, such as spare parts, etc. Also called consumable supplies and materiel.
What is the meaning of expendable items?
a : normally used up or consumed in service expendable supplies like pencils and paper. b : more easily or economically replaced than rescued, salvaged, or protected.
What is an expendable item?
What are non expendable materials?
Items which are not consumed in use and which retain their original identity during the period of use, such as weapons, and which normally require further accounting.
What is an expendable item in accounting?
Expendable Property – Property which has a unit value of less than $1,000 and/or supplies and materials which are immediately consumed in use or become incorporated in other property, thus losing their separate identities. (Examples: Radio and TV tubes, baseballs, food and equipment valued below $1,000.)
What’s the definition of expandable?
Definitions of expandable. adjective. able to expand or be expanded. synonyms: expandible, expansible expansive. able or tending to expand or characterized by expansion.
What are expendable supplies and equipment?
Supplies which are consumed in use, such as ammunition, paint, fuel, cleaning and preserving materials, surgical dressings, drugs, medicines, etc., or which lose their identity, such as spare parts, etc. Sometimes referred to as consumable supplies and material. Accessibility/Section 508.
What is expendable inventory?
Expendable item means any item or piece of equipment that has an acquisition value of less than $5,000 or any item or piece of equipment with a useful life of less than one year.
What is expandable store?
8. expendable stores means stores of a consumable nature such as foodstuffs, medicines, nails, soap which except for control of their use is kept within reasonable and economic limits, and are not accounted for; Sample 1.
Why is information expandable?
Yet far from being finite, information is infinitely expandable. It is not depleted with use, but more with age, and hence contravenes laws of scarcity. Information expands with use and procures further utility the more it is used.
What are expandable materials?
What are things that are expendable?
Definition of expendable (Entry 1 of 2) : that may be expended: such as. a : normally used up or consumed in service expendable supplies like pencils and paper. b : more easily or economically replaced than rescued, salvaged, or protected.
What is an expendable items in accounting?
Expendable Property – Property which has a unit value of less than $1,000 and/or supplies and materials which are immediately consumed in use or become incorporated in other property, thus losing their separate identities.
What is expendable and non expendable items?
Strategical planning for the Total Cost of Ownership (TCO) of all equipment.
What is expendable and nonexpendable items?
Capital equipment.
Are some people expendable?
Sometimes people are told they are valuable and they are treated as expendable. Sometimes, someone deeply loves another person and they want to care for them and invest deeply in them and treat them expendable. The only time someone would accept it as true is if they have not learned yet of their value.
What is the meaning of the word `expendable’?
ex•pend•a•ble. (ɪkˈspɛn də bəl) adj. 1. capable of being expended. 2. consumed in use or not reusable. 3. considered to be not worth keeping or maintaining. n. 4. Usu., expendables. an expendable person or thing.