An outcome of a production process considered as relatively less important as compared to the main product is called —

CS Executive · Cost and Management Accounting · PYQS · June 2015
An outcome of a production process considered as relatively less important as compared to the main product is called —
(A) By-product
(B) Co-product
(C) Joint product
(D) Core product.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Joint and By-Products

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