Which of the following is a false statement about scrap and by-products?
A)Both by-products and scrap are salable.
B)A by-product has a higher sales value than does scrap.
C)Management's goal is to produce both scrap and by-products.
D)Both scrap and by-products are incidental outputs to the joint process.

Question

Quizplus · Accepted Answer

Management's goal is typically to minimize the amount of scrap produced, while maximizing the production of high-value, marketable by-products. Therefore, statement C is false.

Which of the Following Is a False Statement About Scrap