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Which of the Following Statements Best Describes a By-Product

Question 57

Multiple Choice

Which of the following statements best describes a by-product?


A) A product that is produced from material that would otherwise be scrap.
B) A product that has a similar unit selling price than the main product.
C) A product created along with the main product whose sales value does not cover its cost of production.
D) A product that usually produces a small amount of revenue when compared to the main product's revenue.
E) A product that has a lower unit selling price than the main unit.

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