Point in joint production process, in which two or more products are separately identifiable is termed as

step down point
incremental point
split off point
inseparability point

The correct answer is: C. split off point.

A split-off point is the point in a joint production process at which two or more products become separately identifiable. At this point, the joint products can be sold or further processed.

A step-down point is the point in a joint production process at which a joint product is further processed into a different product.

An incremental point is the point in a joint production process at which a joint product is sold or further processed, and the incremental costs of further processing are greater than the incremental revenue from further processing.

An inseparability point is the point in a joint production process at which the joint products cannot be separated from each other.

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