What is a transfer price?
A) The amount charged for a product or service that one division provides another
B) The amount charged for goods and services offered to the government
C) An amount charged to cover the costs associated with import/export taxes
D) The amount charged the final consumer to cover all costs incurred along the value chain

Question

Quizplus · Accepted Answer

The value at which a product or service is transferred between one division and another within a company is referred to as the transfer price.

What Is a Transfer Price