What are the three property classes?

What are the three property classes?

• A. Expendable, Durable, Nonexpendable.
• B. Real, Personal, Intangible.
• C. ARC-X, ARC-D, ARC-N.
• D. Consumable, Non-consumable, Semi-permanent.

Answer: (A)

These questions test your understanding of the three property classes used in property accountability: expendable, durable, and nonexpendable. Expendable items are consumed in use or lose value after initial use, and they aren’t carried as long-term assets in the property book. Durable items are meant for repeated use; they can be issued, transferred, or replaced, but aren’t treated as permanent government property in the same way as capital assets. Nonexpendable items are high‑value assets that remain government property and are tracked in accountability records, even when issued to individuals, with formal processes for transfer or disposal. This framing directly matches how items are categorized for tracking and control, so it’s the correct choice. Other option groupings reflect different legal or nonstandard classifications that aren’t the official three property classes used in this context.

These questions test your understanding of the three property classes used in property accountability: expendable, durable, and nonexpendable. Expendable items are consumed in use or lose value after initial use, and they aren’t carried as long-term assets in the property book. Durable items are meant for repeated use; they can be issued, transferred, or replaced, but aren’t treated as permanent government property in the same way as capital assets. Nonexpendable items are high‑value assets that remain government property and are tracked in accountability records, even when issued to individuals, with formal processes for transfer or disposal.

This framing directly matches how items are categorized for tracking and control, so it’s the correct choice. Other option groupings reflect different legal or nonstandard classifications that aren’t the official three property classes used in this context.