Transfer price refers to the price at which:
A) goods are being transferred from one location to another.
B) services are being transferred overseas for a cheaper rate.
C) goods are sold to loyal customers without shipping and delivery cost.
D) goods and services are transferred within a business.

Question

Quizplus · Accepted Answer

Transfer price is the price at which goods and services are transferred within a business, usually between different departments or subsidiaries. This price can have an impact on the overall profit and tax liability of the company.

Transfer Price Refers to the Price at Which