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.

Question

Quizplus · Accepted Answer

A by-product is typically a secondary product that is produced incidentally during the manufacturing of the main product and usually generates a small amount of revenue compared to the main product.

Which of the Following Statements Best Describes a By-Product