Under the cost price approach, the transfer price is the price at which the product or service transferred could be sold to outside buyers.

Name: Under the cost price approach, the transfer price is the price at which the product or service transferred could be sold to outside buyers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Under the cost price approach, the transfer price is based on the cost of producing the product or service, not on the price at which it could be sold to outside buyers.

Under the Cost Price Approach, the Transfer Price Is the Price