Which term refers specifically to nonexpendable property?

The term that refers specifically to nonexpendable property is ARC-N. Nonexpendable property is defined as items that are not consumed in use, have a significant value, and are expected to last for an extended time. This category typically includes equipment, machinery, and vehicles. The designation ARC-N helps organizations categorize and track such property efficiently.

In contrast, other terms like ARC-D, ARC-X, and ARC-P do not pertain specifically to nonexpendable property. ARC-D typically refers to expendable items that are consumed or used up quickly, while ARC-X typically denotes property that is 'on-hand but not in use.' ARC-P usually refers to property needing repair or non-ready status, thus further distinguishing it from the focus of ARC-N on durable, long-lasting assets. Understanding these distinctions helps organizations maintain accurate records and accountability for their property assets.