A laptop is classified as what type of property?

A laptop is classified as accountable property because it is a type of equipment that is valuable enough to warrant tracking and accounting for its use and location within an organization. Accountable property typically includes items that have a significant cost and are expected to have a useful life extending beyond a single incident or project; they must be carefully managed to prevent loss or misappropriation.

In this context, accountable property generally requires accountability measures such as tagging, inventory management, and a process for tracking its usage. This classification reflects its importance to an organization’s operations and the need for proper oversight.

Other categories like durable and non-durable property do not adequately capture the nature of a laptop's value and the standard practices for asset management, while consumable items refer to those that are used up in a short period of time and do not require the same level of tracking. Thus, classifying a laptop as accountable property aligns with the best practices for asset management in an organizational context.