According to the Core Acquisition Study of Automobile Parts Industry, what is the common maximum salvage value of cores?
A) 30%
B) 15%
C) 5%
D) $1

Question

Quizplus · Accepted Answer

According to the Core Acquisition Study of Automobile Parts Industry, the common maximum salvage value of cores is 30%. This means that the maximum value a core can have after being returned to the supplier is 30% of the original cost of the part. Therefore, the best choice is A.