CONTINGENT is a result that is determined by conditions or circumstances not yet established.
ACTUAL COST is the amount paid for an asset; not its retail value, market value or insurance value.
NON-EXPENDABLE PROPERTY is durable (e.g., equipment and furniture), lasting for a year or longer, and generally has a high dollar value. Non-expendable property must be accounted for throughout its useful life.
Enter a term, then click the entry you would like to view.