Transfer pricing is a system established internally to facilitate units being set up as profit centres.

Name: Transfer pricing is a system established internally to facilitate units being set up as profit centres.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Transfer pricing is the process of setting prices or charges for goods and services sold between units or divisions within the same company. This is usually done to establish each unit as a profit centre and to allocate costs and revenues appropriately within the company.

Transfer Pricing Is a System Established Internally to Facilitate Units