10.0137 Fixed asset classes-3. Other structures and facilities.

3. Other structures and facilities: This classification consists of nonexpendable items accounted for as a single unit or entity. It must meet 1 or more of the following conditions:

(1) The cost of the individual piece of equipment is $100 or more;

(2) It has a serial or model number given it by the manufacturer;

(3) Replacement policy for the equipment is determined by such pertinent factors as the relationship of the maintenance cost of the acquisition cost of the unit and the observation required of the individual performance or characteristics of the unit.

History: Rule 3.78, eff 17 Apr 78,300 GASM § 6.3.