27. Which of the following best describes a Joint-Product? a) It is the expected loss in the efficient production of products. b) It is that part of the output of a process which produces one or more...

27. Which of the following best describes a Joint-Product?
a) It is the expected loss in the efficient production of products.
b) It is that part of the output of a process which produces one

or more products which have relatively low sales values
c) It is that part of the output of a process where two or more products are

produced which have substantial sales value to a business
d) It is what happens when production is less efficient than expected

and the actual loss is greater than expected.