Matching ​Match Each Statement with the Correct Item Below

question 29

Multiple Choice

Matching
​
Match each statement with the correct item below.
-​Split-off point

• A)​the difference in total cost between the alternatives in a decision
• B)​determine whether or not a segment should be kept or dropped
• C)​limited resources and limited demand for each product
• D)​a specific set of procedures that produces a decision
• E)​the point at which products that have common processes and costs of production become distinguishable
• F)​method of determining the cost of a product based on the price that customers are willing to pay
• G)​decisions involving a choice between internal and external production
• H)​products that have common processes and costs of production up to a point
• I)​past costs that cannot be affected by future decisions
• J)​a percentage applied to the base cost to cover other costs plus profit
• K)​determine whether a specially priced order should be accepted or rejected
• L)​determine whether it is more profitable to process a joint product further

---

Definitions:

Exploitation System

A set of practices or arrangements through which individuals or groups are unfairly used for others' benefit, often in an economic context.

Production Process

A series of steps or actions taken to create a product or service.

United Nations

An international organization established after World War II to promote peace, security, and cooperation among the world's nations.

Low-Income Countries

Nations with a gross national income per capita below a certain level, characterized by limited industrial development and low human development indicators.