Products with substantial value which are produced simultaneously by the same process up to a split-off point are called:

Question

Quizplus · Accepted Answer

Joint products are produced simultaneously by the same process up to a split-off point and have substantial value. Option B, minor products, is not a recognized term and therefore incorrect. Option C, by-products, are also produced simultaneously but have only minor value or are incidental to the process. Therefore, option D, both A and B, is incorrect.

Products with Substantial Value Which Are Produced Simultaneously by the Same