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Flashcards by Antonio Orange, created more than 1 year ago

Chapter 11 Key Terms

	Created by Antonio Orange over 8 years ago

Chapter 11 Flash Cards

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Approximated net realizable value split-off allocation

By-Product

Joint Cost

Joint Process

Joint Product

Net Realizable Value
(NRV)

Net Realizable Value Approach

Net Realizable value at split-off allocation

Offset Approach

Other income approach

physical measure allocation

Realized Value Approach

Sales value at split-off allocation

Scrap

Separate Cost

split off point

Waste