What kind of decision involves potentially converting crude oil into diesel fuel?
A)a relevant decision
B)a make-or-buy decision
C)a sell-or-process-further decision
D)a special order decision

Question

Quizplus · Accepted Answer

A sell-or-process-further decision involves weighing the costs and benefits of selling a product at its current stage of production or further processing it to potentially increase its value. In this case, the decision to convert crude oil into diesel fuel is a sell-or-process-further decision as the company could potentially sell the crude oil as it is or process it into diesel fuel to add more value to the product.

What Kind of Decision Involves Potentially Converting Crude Oil into Diesel