What Is the Term for a Decision to Make or Eliminate

question 84

Multiple Choice

What is the term for a decision to make or eliminate an unprofitable product?

• A)special-order decision
• B)keep-or-drop a product-line decision
• C)make-or-buy decision
• D)process further decision

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Definitions:

Salvage Value

The estimated value at sale of an asset following its period of utility.

Book Value

The net value of an asset as recorded on the balance sheet, calculated as the original cost minus accumulated depreciation or amortization.

Salaries Payable

An account that represents the amounts owed to employees for work performed that has not yet been paid.

Salary Expense

The total amount paid by a business to its employees for the work done over a specific period, often monthly or annually.