Expendable property is consumed in use or loses its identity in use, with an organization cost of less than $500.

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Multiple Choice

Expendable property is consumed in use or loses its identity in use, with an organization cost of less than $500.

Expendable property refers to items that are consumed in use or lose their identity during use, and they are typically items whose unit cost is under a set threshold (less than $500). Because these items are used up in operations, they aren’t tracked as long‑term assets or property items; they’re issued and consumed, rather than retained for future use. This distinguishes them from durable property, which is designed for long life and retains its identity, and from nonexpendable property, which can be used repeatedly and is capitalized and accounted for as property. The $500 cost threshold helps classify what remains expendable rather than becoming a durable asset. While some may think of these as simply consumables, the formal MILPROP terminology for this category is expendable property.

Expendable property refers to items that are consumed in use or lose their identity during use, and they are typically items whose unit cost is under a set threshold (less than $500). Because these items are used up in operations, they aren’t tracked as long‑term assets or property items; they’re issued and consumed, rather than retained for future use. This distinguishes them from durable property, which is designed for long life and retains its identity, and from nonexpendable property, which can be used repeatedly and is capitalized and accounted for as property.

The $500 cost threshold helps classify what remains expendable rather than becoming a durable asset. While some may think of these as simply consumables, the formal MILPROP terminology for this category is expendable property.

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