Something considered not to be worth keeping or maintaining
Expendable, non-expendable, and durable
Any asset with the useful life of one or more than one year is Non-Expendable asset. Any asset with the useful life of less than one year is Expendable asset.
Non-expendable, expendable, durable
Expendable trust funds are designed to be used for specific purposes and can be spent down over time, typically for projects or initiatives defined by the donor or governing body. Non-expendable trust funds, on the other hand, are intended to be preserved indefinitely, with only the income generated from the principal being used for expenditures. Essentially, expendable funds can be depleted, while non-expendable funds must maintain their principal amount.
Something considered not to be worth keeping or maintaining
Furniture is considered a non-expendable asset because it has a long-term use and value within a business or organization. Unlike expendable assets, which are consumed or used up quickly, furniture typically remains in service for several years and contributes to the overall functionality and aesthetic of a space. As such, it is recorded as a fixed asset on the balance sheet.
Something considered not to be worth keeping or maintaining
3161
account for resources returned/ replace broken and or lost items
Expendable was created in 1997.
The ISBN of Expendable is 978-0380794393.
Expendable has 352 pages.