expendable item
Definition
Component or part (such as bolt, nut, rivet) for which (1) no authorized repair procedure exists, and/or (2) the cost of repair would exceed cost of its replacement. Expendable items are usually considered to be consumed when issued and are not recorded as returnable inventory.
Popular 'Accounting & Auditing' Terms
expendable item in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/expendable-item.html
