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Cost Accounting Which of the following statement is Not true? a. A product that has a sales value resulting from a join process is classified

Cost Accounting

Which of the following statement is Not true?

a. A product that has a sales value resulting from a join process is classified as 1. a joint product, 2. a by-product and 3. scrap.

b. Joint products are not necessarily products that differ intentionally.

c. A joint process produces only one primary output or main product.

d. By products and scrap are incidental outputs of a joint process.

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